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2019 (5) TMI 819 - AT - Insolvency and BankruptcyInitiation of ‘Corporate Insolvency Resolution Process’ - Corporate Debtor - Section 9 of the Insolvency and Bankruptcy Code, 2016 - there is nothing on the record to suggest that the Adjudicating Authority has issued notice to the ‘Corporate Debtor’ and it was served on them - HELD THAT:- In the present case, as nothing on the record to suggest that notice was served on the ‘Corporate Debtor’ and the impugned order has been passed in violation of natural justice, we set aside the order dated 8th June, 2018. In effect, order (s), passed by the Adjudicating Authority appointing ‘Interim Resolution Professional’, declaring moratorium, freezing of account, and all other order (s) passed by the Adjudicating Authority pursuant to impugned order and action, if any, taken by the ‘Interim Resolution Professional’, including the advertisement published in the newspaper calling for applications all such orders and actions are declared illegal and are set aside. Appeal allowed.
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