Supreme Court of India · 2022-03-28
Jord Engineers India Ltd. Through Its ... vs Valia And Co. (D) Thr. Lrs
- Court
- Supreme Court of India
- Petitioner
- Jord Engineers India Ltd. Through Its ...
- Respondent
- Valia And Co. (D) Thr. Lrs
- Author
- Dinesh Maheshwari
- Bench
- Aniruddha Bose, Dinesh Maheshwari
Judgment text excerpt
The Supreme Court set aside the order of the National Company Law Appellate Tribunal, which had dismissed the appellant's case due to lack of a reasonable opportunity for hearing. The court emphasized the importance of fair hearing in insolvency proceedings, particularly under the Insolvency and Bankruptcy Code, 2016. The appellant was found to have been deprived of its right to present its case adequately, leading to the judgment in favor of the appellant.