Service of demand notice to Key Managerial Personnel of corporate debtor is valid: SC

Visa Coke Limited Vs Mesco Kalinga Steel Limited (Supreme Court of India) Supreme Court held that demand notice under section 8 of the Insolvency and Bankruptcy Code [IBC] can be served upon corporate debtor through its Key Managerial Personnel. Accordingly, rejecting section 9 petition on technical ground is incorrect and not sustainable. Facts- This appeal has been filed against the judgment and final order dated 03.10.2024 passed by the National Company Law Appellate Tribunal, Principal Bench, New Delhi in Comp. Appeal (AT)(Ins.) No. 247 of 2023 filed by the appellant herein. By the impugn...