The appeal was filed against an order dated 24.09.2024 passed by the Adjudicating Authority (National Company Law Tribunal), Ahmedabad, admitting a Section 7 application filed by Respondent No. 1. The Corporate Debtor was unable to appear before the Adjudicating Authority, which proceeded ex-parte.
The appeal was filed against the order of the Adjudicating Authority admitting Section 7 application.
The Corporate Debtor could not appear before the Adjudicating Authority, which proceeded ex-parte.
An interim order was passed on 26.09.2024, permitting the Appellant to deposit Rs.2,65,00,000/-.
The Company Petition was disposed of on 01.05.2024 and restored on 03.07.2024.
The Company Petition number was changed from CP (IB) No.129 of 2023 to RCP(IB)/5(AHM)2024 without notice to the Corporate Debtor.
The Financial Creditor is willing to accept the deposited amount with accrued interest to liquidate the dues and does not intend to proceed with the Section 7 application.
Sign in to view the parties.
Order passed by the…
Interim order passed…
The appeal was filed against an order dated 24.09.2024 passed by the Adjudicating Authority (National Company Law Tribunal), Ahmedabad, admitting a Section 7 application filed by Respondent No. 1. The Corporate Debtor was unable to appear before the Adjudicating Authority, which proceeded ex-parte.
The appeal was filed against the order of the Adjudicating Authority admitting Section 7 application.
The Corporate Debtor could not appear before the Adjudicating Authority, which proceeded ex-parte.
An interim order was passed on 26.09.2024, permitting the Appellant to deposit Rs.2,65,00,000/-.
The Company Petition was disposed of on 01.05.2024 and restored on 03.07.2024.
The Company Petition number was changed from CP (IB) No.129 of 2023 to RCP(IB)/5(AHM)2024 without notice to the Corporate Debtor.
The Financial Creditor is willing to accept the deposited amount with accrued interest to liquidate the dues and does not intend to proceed with the Section 7 application.
Order passed by the…
Interim order passed…