The Appellant filed an application for restoration of a petition that was previously dismissed for non-prosecution. The Adjudicating Authority rejected the application because the counsel for the Appellant had not appeared on two consecutive occasions. The Appellant argued that the application under Section 9 was never decided on merit.
The Appellant, Saran Equipments & Engineers Pvt. Ltd., filed an application for restoration of a petition that was dismissed for non-prosecution. The Adjudicating Authority (National Company Law Tribunal) Court-III, New Delhi, rejected the application because the Appellant's counsel had not appeared on two consecutive occasions. The original order dismissing the petition was dated 11th April, 2019. The Appellant argued that the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, was never decided on merit. The Adjudicating Authority's impugned order was dated 25th July, 2019. The court noted that the petition number was IB-847/ND/2019.
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The Appellant filed an application for restoration of a petition that was previously dismissed for non-prosecution. The Adjudicating Authority rejected the application because the counsel for the Appellant had not appeared on two consecutive occasions. The Appellant argued that the application under Section 9 was never decided on merit.
The Appellant, Saran Equipments & Engineers Pvt. Ltd., filed an application for restoration of a petition that was dismissed for non-prosecution. The Adjudicating Authority (National Company Law Tribunal) Court-III, New Delhi, rejected the application because the Appellant's counsel had not appeared on two consecutive occasions. The original order dismissing the petition was dated 11th April, 2019. The Appellant argued that the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, was never decided on merit. The Adjudicating Authority's impugned order was dated 25th July, 2019. The court noted that the petition number was IB-847/ND/2019.
The Adjudicating…
The Adjudicating…
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