IBC - CIRP - Admission of application u/s 7 of IBC in an Ex-parte order -...

Insolvency and Bankruptcy

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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