This case involves an appeal against an order dated 14th November 2018, passed by the NCLT, New Delhi Bench, in a Company Petition. The NCLT admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) filed by M/s. Suntech Infra Solutions Pvt. Ltd. (‘Operational Creditor’) against M/s. CINDA Engineering & Construction Private Limited. The appellant, Mr. Dingo Ku, a shareholder of CINDA Engineering & Construction Private Limited (‘Corporate Debtor’), challenged the order, arguing that the Adjudicating Authority did not issue any notice to the ‘Corporate Debtor’ before admitting the application.
M/s. Suntech Infra Solutions Pvt. Ltd. (‘Operational Creditor’) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) against M/s. CINDA Engineering & Construction Private Limited for initiation of ‘corporate insolvency resolution process’. The NCLT admitted the application via an order dated 14th November, 2018. Mr. Dingo Ku, a shareholder of CINDA Engineering & Construction Private Limited (‘Corporate Debtor’), challenged the order. The appellant argued that the Adjudicating Authority did not issue any notice to the ‘Corporate Debtor’ before admitting the application, violating principles of natural justice. The respondent claimed the ‘Corporate Debtor’ was informed of the hearing via e-mails. A letter dated 26th
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NCLT, New Delhi Bench, passed an order…
The ‘Corporate Debtor’ sent a letter to the…
This case involves an appeal against an order dated 14th November 2018, passed by the NCLT, New Delhi Bench, in a Company Petition. The NCLT admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) filed by M/s. Suntech Infra Solutions Pvt. Ltd. (‘Operational Creditor’) against M/s. CINDA Engineering & Construction Private Limited. The appellant, Mr. Dingo Ku, a shareholder of CINDA Engineering & Construction Private Limited (‘Corporate Debtor’), challenged the order, arguing that the Adjudicating Authority did not issue any notice to the ‘Corporate Debtor’ before admitting the application.
M/s. Suntech Infra Solutions Pvt. Ltd. (‘Operational Creditor’) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) against M/s. CINDA Engineering & Construction Private Limited for initiation of ‘corporate insolvency resolution process’. The NCLT admitted the application via an order dated 14th November, 2018. Mr. Dingo Ku, a shareholder of CINDA Engineering & Construction Private Limited (‘Corporate Debtor’), challenged the order. The appellant argued that the Adjudicating Authority did not issue any notice to the ‘Corporate Debtor’ before admitting the application, violating principles of natural justice. The respondent claimed the ‘Corporate Debtor’ was informed of the hearing via e-mails. A letter dated 26th
…NCLT, New Delhi Bench, passed an order…
The ‘Corporate Debtor’ sent a letter to the…