The case pertains to C.P. No.(IB)2802(MB)/2018 before the National Company Law Tribunal (NCLT), Mumbai Bench. The Corporate Debtor was granted an opportunity to file a reply, subject to payment of Rs. 10,000 as costs to be paid to the Prime Minister's National Relief Fund. The Corporate Debtor's counsel stated that they would not file a reply but had brought the cheque for the cost amount.
Oswal Valves Pvt Ltd filed a case against Aditya Vidyut Appliances Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor, Aditya Vidyut Appliances Ltd, was given an opportunity to file a reply, conditional on paying Rs. 10,000 to the Prime Minister's National Relief Fund. The Corporate Debtor's counsel stated they would not file a reply but had the cheque for the payment. The NCLT directed the Corporate Debtor to deposit the cost amount immediately and file an affidavit with proof of payment within three days. Both parties were instructed to submit hard and soft copies of their written submissions by 2019-04-01.
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Opportunity for filing…
Hearing of Mumbai Bench…
The case pertains to C.P. No.(IB)2802(MB)/2018 before the National Company Law Tribunal (NCLT), Mumbai Bench. The Corporate Debtor was granted an opportunity to file a reply, subject to payment of Rs. 10,000 as costs to be paid to the Prime Minister's National Relief Fund. The Corporate Debtor's counsel stated that they would not file a reply but had brought the cheque for the cost amount.
Oswal Valves Pvt Ltd filed a case against Aditya Vidyut Appliances Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor, Aditya Vidyut Appliances Ltd, was given an opportunity to file a reply, conditional on paying Rs. 10,000 to the Prime Minister's National Relief Fund. The Corporate Debtor's counsel stated they would not file a reply but had the cheque for the payment. The NCLT directed the Corporate Debtor to deposit the cost amount immediately and file an affidavit with proof of payment within three days. Both parties were instructed to submit hard and soft copies of their written submissions by 2019-04-01.
Opportunity for filing…
Hearing of Mumbai Bench…