The case involves a Company Appeal (AT) (Insolvency) No. 861 of 2019 filed before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appeal arises from the 'Corporate Insolvency Resolution Process' against ‘Print House (India) Private Limited’ (‘Corporate Debtor'). A Miscellaneous Application was filed by ‘Sify Technologies Limited' for additional information from the 'Resolution Professional' to enable the submission of a ‘Resolution Plan’. The prayer was to condone the delay in submitting the ‘Resolution Plan’. The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, directed the ‘Committee of Creditors' to convene a meeting to consider the ‘Resolution Plan' submitted by ‘Sify Technologies Limited'. Another Miscellaneous Application
…M/s. Next Orbit Ventures filed an appeal against the order related to the Corporate Insolvency Resolution Process of Print House (India) Private Limited. Sify Technologies Limited filed a Miscellaneous Application seeking additional information to submit a Resolution Plan and requested condonation of delay. The Adjudicating Authority directed the Committee of Creditors to convene a meeting to consider Sify Technologies Limited's plan. Honest Orbit Ventures also filed an application to have their Resolution Plan considered. The appellant, another Resolution Applicant, objected to Sify Technologies Limited's plan, arguing it was unrealistic due to a lack of information. The last date for submission of the Resolution Plan was July 10, 2019. The I&B Code was amended,
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The case involves a Company Appeal (AT) (Insolvency) No. 861 of 2019 filed before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appeal arises from the 'Corporate Insolvency Resolution Process' against ‘Print House (India) Private Limited’ (‘Corporate Debtor'). A Miscellaneous Application was filed by ‘Sify Technologies Limited' for additional information from the 'Resolution Professional' to enable the submission of a ‘Resolution Plan’. The prayer was to condone the delay in submitting the ‘Resolution Plan’. The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, directed the ‘Committee of Creditors' to convene a meeting to consider the ‘Resolution Plan' submitted by ‘Sify Technologies Limited'. Another Miscellaneous Application
…M/s. Next Orbit Ventures filed an appeal against the order related to the Corporate Insolvency Resolution Process of Print House (India) Private Limited. Sify Technologies Limited filed a Miscellaneous Application seeking additional information to submit a Resolution Plan and requested condonation of delay. The Adjudicating Authority directed the Committee of Creditors to convene a meeting to consider Sify Technologies Limited's plan. Honest Orbit Ventures also filed an application to have their Resolution Plan considered. The appellant, another Resolution Applicant, objected to Sify Technologies Limited's plan, arguing it was unrealistic due to a lack of information. The last date for submission of the Resolution Plan was July 10, 2019. The I&B Code was amended,
…The last date for…
270 days was t…
Sign in to view related legal provisions.