This is an Interim Application seeking the transfer of Company Petition No. 317 of 2012 from the High Court of Bombay to the National Company Law Tribunal (NCLT), Mumbai. The petition relates to Omkara Assets Reconstruction as the applicant, ICICI Bank Limited as the petitioner, and Classic Diamonds (India) Limited as the respondent. The Official Liquidator was directed to file a response, which was submitted on September 12, 2023, indicating that statutory notices had been issued to concerned authorities and ex-directors of the company in liquidation. The Official Liquidator had also fixed meetings with ex-directors for personal interviews and discussions regarding the company's properties and assets.
The High Court of Bombay is considering an Interim Application to transfer Company Petition No. 317 of 2012 to the NCLT, Mumbai. The case involves Omkara Assets Reconstruction (Applicant), ICICI Bank Limited (Petitioner), and Classic Diamonds (India) Limited (Respondent). The Official Liquidator was directed to file a response, stating that statutory notices were issued to authorities and ex-directors. A meeting was scheduled with ex-directors to discuss the company's properties. The Official Liquidator took possession of the registered office and handed it over to Edelweiss Asset Reconstruction Company Limited. The Official Liquidator has not invited claims from creditors or workers. The petitioner has no objection to the transfer. The court is considering the
…Sign in to view the parties.
Company Petit…
Order of admission was…
This is an Interim Application seeking the transfer of Company Petition No. 317 of 2012 from the High Court of Bombay to the National Company Law Tribunal (NCLT), Mumbai. The petition relates to Omkara Assets Reconstruction as the applicant, ICICI Bank Limited as the petitioner, and Classic Diamonds (India) Limited as the respondent. The Official Liquidator was directed to file a response, which was submitted on September 12, 2023, indicating that statutory notices had been issued to concerned authorities and ex-directors of the company in liquidation. The Official Liquidator had also fixed meetings with ex-directors for personal interviews and discussions regarding the company's properties and assets.
The High Court of Bombay is considering an Interim Application to transfer Company Petition No. 317 of 2012 to the NCLT, Mumbai. The case involves Omkara Assets Reconstruction (Applicant), ICICI Bank Limited (Petitioner), and Classic Diamonds (India) Limited (Respondent). The Official Liquidator was directed to file a response, stating that statutory notices were issued to authorities and ex-directors. A meeting was scheduled with ex-directors to discuss the company's properties. The Official Liquidator took possession of the registered office and handed it over to Edelweiss Asset Reconstruction Company Limited. The Official Liquidator has not invited claims from creditors or workers. The petitioner has no objection to the transfer. The court is considering the
…Company Petit…
Order of admission was…