The case involves an appeal against an order dated 27/02/2023, where an application filed by the Resolution Professional ('RP') bearing I.A. No.307/(CHE)/2023 under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, was allowed by the National Company Law Tribunal, Division Bench, Court-I, Chennai, for certain directions.
Raj Hari Eswaran filed an appeal against an order dated 27/02/2023 passed in IA/307(CHE)/2023 in IBA/617/2020. The order was issued by the National Company Law Tribunal, Division Bench, Chennai. The application was filed by the Resolution Professional under Section 19(2) of the Insolvency and Bankruptcy Code, 2016. The appellant contended that the order was passed without issuing notice to the respondents, violating the principle of natural justice. The Resolution Professional argued that the order was in line with Section 19(1) of the Code, requiring assistance to the RP. The court noted that the primary question was whether the impugned order should have been passed without issuing notice to the respondents.
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Order passed in IA/307(CHE)/2023 in…
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The case involves an appeal against an order dated 27/02/2023, where an application filed by the Resolution Professional ('RP') bearing I.A. No.307/(CHE)/2023 under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, was allowed by the National Company Law Tribunal, Division Bench, Court-I, Chennai, for certain directions.
Raj Hari Eswaran filed an appeal against an order dated 27/02/2023 passed in IA/307(CHE)/2023 in IBA/617/2020. The order was issued by the National Company Law Tribunal, Division Bench, Chennai. The application was filed by the Resolution Professional under Section 19(2) of the Insolvency and Bankruptcy Code, 2016. The appellant contended that the order was passed without issuing notice to the respondents, violating the principle of natural justice. The Resolution Professional argued that the order was in line with Section 19(1) of the Code, requiring assistance to the RP. The court noted that the primary question was whether the impugned order should have been passed without issuing notice to the respondents.
Order passed in IA/307(CHE)/2023 in…
Tribunal rendered decision in the case of…