The authorised signatory of the suspended Board of Directors of Maharashtra Vidyut Nigam Pvt. Ltd. (Corporate Debtor) filed an appeal against the order passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, on August 4, 2017. The Adjudicating Authority had admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Reliance Commercial Finance Limited (Financial Creditor). The appellant contended that the order was passed in violation of natural justice, as no notice was given to the Corporate Debtor before passing the order. The parties had already settled the dispute through a compromise agreement dated December 13, 2017. The respondent acknowledged that the impugned order was passed without notice to the

The authorised signatory of the suspended Board of Directors of Maharashtra Vidyut Nigam Pvt. Ltd. (Corporate Debtor) filed an appeal against the order passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, on August 4, 2017. The Adjudicating Authority had admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Reliance Commercial Finance Limited (Financial Creditor). The appellant contended that the order was passed in violation of natural justice, as no notice was given to the Corporate Debtor before passing the order. The parties had already settled the dispute through a compromise agreement dated December 13, 2017. The respondent acknowledged that the impugned order was passed without notice to the