The case pertains to a Company Appeal (AT)(CH)(INS) No. 233/2022 filed under Section 61 of the Insolvency and Bankruptcy Code, 2016, arising out of an order dated 11.05.2022 in CP(IB) No. 304/9/HDB/2020 passed by the Adjudicating Authority (National Company Law Tribunal, Hyderabad Bench). The appellant, M.D. Enterprises, filed a Company Petition (IB) No.304/9/HDB/2020 before the Adjudicating Authority, which was pending since 20.08.2020. The first hearing was held on 06.11.2020. The pleadings were completed as early as 06.04.2021.
M.D. Enterprises, the Appellant/Operational Creditor, filed a Company Petition (IB) No.304/9/HDB/2020 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The petition was filed against S.P.Y. AGRO Industries Ltd, the Respondent. The petition was pending before the NCLT since 20.08.2020, with the first hearing held on 06.11.2020. Pleadings were completed by 06.04.2021. Dissatisfied with the delay in the disposal of the petition, the Appellant filed a Company Appeal (AT)(CH)(INS) No.233/2022 before the National Company Law Appellate Tribunal (NCLAT), Chennai, seeking a direction to the NCLT to expedite the disposal of the petition. The Appellant's limited prayer was for the NCLAT to direct the NCLT to take up the matter for hearing on 04.07.2022 and
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Company Petition (IB) No.304/9/HDB/2020 filed…
The first hearing of…
The case pertains to a Company Appeal (AT)(CH)(INS) No. 233/2022 filed under Section 61 of the Insolvency and Bankruptcy Code, 2016, arising out of an order dated 11.05.2022 in CP(IB) No. 304/9/HDB/2020 passed by the Adjudicating Authority (National Company Law Tribunal, Hyderabad Bench). The appellant, M.D. Enterprises, filed a Company Petition (IB) No.304/9/HDB/2020 before the Adjudicating Authority, which was pending since 20.08.2020. The first hearing was held on 06.11.2020. The pleadings were completed as early as 06.04.2021.
M.D. Enterprises, the Appellant/Operational Creditor, filed a Company Petition (IB) No.304/9/HDB/2020 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The petition was filed against S.P.Y. AGRO Industries Ltd, the Respondent. The petition was pending before the NCLT since 20.08.2020, with the first hearing held on 06.11.2020. Pleadings were completed by 06.04.2021. Dissatisfied with the delay in the disposal of the petition, the Appellant filed a Company Appeal (AT)(CH)(INS) No.233/2022 before the National Company Law Appellate Tribunal (NCLAT), Chennai, seeking a direction to the NCLT to expedite the disposal of the petition. The Appellant's limited prayer was for the NCLAT to direct the NCLT to take up the matter for hearing on 04.07.2022 and
…Company Petition (IB) No.304/9/HDB/2020 filed…
The first hearing of…