The Bank of Baroda filed a Section 7 application against Hind Syntex Ltd. The application was initially dismissed for non-prosecution on 16.01.2020 but was restored on 29.10.2021. Notices were issued to the appellant, but the appellant claims they were not served because the company was closed. The Adjudicating Authority proceeded ex-parte and admitted the Section 7 application on 04.03.2022. The appellant, a shareholder of Hind Syntex Ltd., filed an appeal against this order. The appellant argues that they were not given an opportunity to be heard and that the notices were not properly served. The bank contends that notices were duly served, and the appellant deliberately avoided appearing. The tribunal notes that the notices were returned unserved, and no further

The Bank of Baroda filed a Section 7 application against Hind Syntex Ltd. The application was initially dismissed for non-prosecution on 16.01.2020 but was restored on 29.10.2021. Notices were issued to the appellant, but the appellant claims they were not served because the company was closed. The Adjudicating Authority proceeded ex-parte and admitted the Section 7 application on 04.03.2022. The appellant, a shareholder of Hind Syntex Ltd., filed an appeal against this order. The appellant argues that they were not given an opportunity to be heard and that the notices were not properly served. The bank contends that notices were duly served, and the appellant deliberately avoided appearing. The tribunal notes that the notices were returned unserved, and no further