9911796707
TMI Blog2021 (3) TMI 1444X X X X Extracts X X X X X X X X Extracts X X X X ..... y - Liquidation of Corporate Debtor - Section 33 of the Insolvency and Bankruptcy Code, 2016 - opportunity of hearing was not provided to Appellants - violation of principles of natural justice - HELD THAT:- During Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor, no Expression of Interest (EoI) was received and the Committee of Creditors (COC) in its meeting held on 3rd S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te share is pending before the Adjudicating Authority for approval. In view of the same, it should not lie in the mouth of the Appellant that it was not given an opportunity of being heard, more so when the Corporate Debtor was contesting the matter and duly represented. There are no merit in this appeal. The same is dismissed. - Justice Bansi Lal Bhat, Acting Chairperson And Dr. Ashok K ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Expression of Interest (EoI) was received and the Committee of Creditors (COC) in its meeting held on 3rd September, 2020, passed the Resolution for the liquidation of the Corporate Debtor. In absence of any EoI being filed and no Resolution Applicant coming forward with a viable and feasible Resolution Plan, no option was left with either the COC or the Adjudicating Authority but to send the Cor ..... X X X X Extracts X X X X X X X X Extracts X X X X
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