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Initiation of CIRP - Ex-parte order - The Appellant has admitted ...


Ex-parte CIRP Order Justified: Employee Received Notice Before Leaving Company, Validating Proceedings.

April 22, 2020

Case Laws     Insolvency and Bankruptcy     AT

Initiation of CIRP - Ex-parte order - The Appellant has admitted that the Court notice was received by its employee on 17th August 2019, but he left the organisation on 03rd October 2019. Since the said employee was in active employment of the Appellant/Corporate Debtor when he received the notice, thus it is clear that the order to proceed the case ex-parte is fully justified

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