The appeals were filed by the Director/Shareholder of BBF Home Care Products Limited against the judgment dated February 18, 2019, and order dated February 22, 2019, passed by the Adjudicating Authority (NCLT), Chandigarh Bench. The Adjudicating Authority had admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) filed by Silvertoan Paper Limited (Operational Creditor) against BBF Home Care Products Limited (Corporate Debtor). Subsequently, the Adjudicating Authority issued an order of moratorium and appointed an Interim Resolution Professional. The appellant contended that these orders were passed ex parte without adequate notice or hearing the Corporate Debtor.

The appeals were filed by the Director/Shareholder of BBF Home Care Products Limited against the judgment dated February 18, 2019, and order dated February 22, 2019, passed by the Adjudicating Authority (NCLT), Chandigarh Bench. The Adjudicating Authority had admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) filed by Silvertoan Paper Limited (Operational Creditor) against BBF Home Care Products Limited (Corporate Debtor). Subsequently, the Adjudicating Authority issued an order of moratorium and appointed an Interim Resolution Professional. The appellant contended that these orders were passed ex parte without adequate notice or hearing the Corporate Debtor.