The Appellant, Smart Timing Steel Ltd., filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for initiating the Corporate Insolvency Resolution Process against National Steel & Agro Industries Ltd. The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, Mumbai, rejected the application on October 31, 2018, because a copy of the certificate from the Financial institution reflecting non-payment of the operational debt was not filed. The Demand Notice was issued on December 23, 2016, demanding payment. The Operational Creditor filed a Petition 06/I&BP/NCLT/MAH/2017 before the Adjudicating Authority under Section 9. The Adjudicating Authority rejected the claim earlier on January 30, 2017, as the Operational Creditor
…Smart Timing Steel Ltd. (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process against National Steel & Agro Industries Ltd. (Corporate Debtor). The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, rejected the application on October 31, 2018, because the Operational Creditor did not file a copy of the certificate from the Financial institution reflecting non-payment of the operational debt. A Demand Notice was issued on December 23, 2016, demanding payment. The Operational Creditor had previously filed a Petition 06/I&BP/NCLT/MAH/2017 before the Adjudicating Authority under Section 9. The Adjudicating Authority rejected the claim on
…Sign in to view the parties.
Demand Notice was issued demanding payment of…
The Adjudicating Authority rejected the claim…
The Appellant, Smart Timing Steel Ltd., filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for initiating the Corporate Insolvency Resolution Process against National Steel & Agro Industries Ltd. The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, Mumbai, rejected the application on October 31, 2018, because a copy of the certificate from the Financial institution reflecting non-payment of the operational debt was not filed. The Demand Notice was issued on December 23, 2016, demanding payment. The Operational Creditor filed a Petition 06/I&BP/NCLT/MAH/2017 before the Adjudicating Authority under Section 9. The Adjudicating Authority rejected the claim earlier on January 30, 2017, as the Operational Creditor
…Smart Timing Steel Ltd. (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process against National Steel & Agro Industries Ltd. (Corporate Debtor). The Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, rejected the application on October 31, 2018, because the Operational Creditor did not file a copy of the certificate from the Financial institution reflecting non-payment of the operational debt. A Demand Notice was issued on December 23, 2016, demanding payment. The Operational Creditor had previously filed a Petition 06/I&BP/NCLT/MAH/2017 before the Adjudicating Authority under Section 9. The Adjudicating Authority rejected the claim on
…Demand Notice was issued demanding payment of…
The Adjudicating Authority rejected the claim…