CIRP - Admission of application u/s 7 of IBC in an Ex-parte ...
NCLT Directed to Reconsider Ex-Parte Order in Section 7 IBC Case Due to Incorrect Non-Appearance Findings.
September 2, 2023
Case Laws Insolvency and Bankruptcy AT
CIRP - Admission of application u/s 7 of IBC in an Ex-parte order - non-appearance of corporate debtor - the observations made by the Adjudicating Authority in the impugned order that the Appellant (Corporate Debtor) remained absent on many occasions is patently erroneous and is not borne out from the record.- - NCLT directed to make decision afresh - AT
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