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IBC - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Initiation of CIRP - Ex-parte order - The Appellant has admitted ...

Insolvency and Bankruptcy

April 22, 2020

Initiation of CIRP - Ex-parte order - The Appellant has admitted that the Court notice was received by its employee on 17th August 2019, but he left the organisation on 03rd October 2019. Since the said employee was in active employment of the Appellant/Corporate Debtor when he received the notice, thus it is clear that the order to proceed the case ex-parte is fully justified

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