The case originated from an application filed by M/s. ZTE Corporation (Respondent) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) in January 2019, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Smartron Indian Private Limited (Appellant/Corporate Debtor). Following the issuance of notice, the Corporate Debtor filed its reply, to which the Respondent subsequently filed a rejoinder. This procedural exchange set the stage for further applications by the Corporate Debtor.
…M/s. ZTE Corporation, the Respondent, initiated proceedings against M/s. Smartron Indian Private Limited, the Appellant and Corporate Debtor, by filing an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) in January 2019. This application sought to trigger the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, alleging a default in payment. Following the filing, a notice was duly issued to the Corporate Debtor.
…M/s. ZTE Corporation filed an application…
The Adjudicating Authority (NCLT, Hyderabad…
The case originated from an application filed by M/s. ZTE Corporation (Respondent) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) in January 2019, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Smartron Indian Private Limited (Appellant/Corporate Debtor). Following the issuance of notice, the Corporate Debtor filed its reply, to which the Respondent subsequently filed a rejoinder. This procedural exchange set the stage for further applications by the Corporate Debtor.
…M/s. ZTE Corporation, the Respondent, initiated proceedings against M/s. Smartron Indian Private Limited, the Appellant and Corporate Debtor, by filing an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) in January 2019. This application sought to trigger the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, alleging a default in payment. Following the filing, a notice was duly issued to the Corporate Debtor.
…M/s. ZTE Corporation filed an application…
The Adjudicating Authority (NCLT, Hyderabad…