The case originates from an application filed by Machinery Agencies, the Operational Creditor, against ABM Rubber Industries Pvt. Ltd., the Corporate Debtor, under Section 8 & 9 of the Insolvency & Bankruptcy Code, 2016. The Operational Creditor's application was found to have a copy of the Power of Attorney that was not authenticated.
Machinery Agencies filed an application as an Operational Creditor against ABM Rubber Industries Pvt. Ltd., the Corporate Debtor, under Section 8 & 9 of the Insolvency & Bankruptcy Code, 2016. During the hearing, the court observed that the copy of the Power of Attorney submitted by the Operational Creditor was not authenticated. This lack of authentication was a critical issue because it affected the validity of the application. The court then directed the Operational Creditor to submit an authenticated Power of Attorney within seven days. The case was then listed for further hearing on 2019-07-18.
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Date of the order where the court directed…
The case was li…
The case originates from an application filed by Machinery Agencies, the Operational Creditor, against ABM Rubber Industries Pvt. Ltd., the Corporate Debtor, under Section 8 & 9 of the Insolvency & Bankruptcy Code, 2016. The Operational Creditor's application was found to have a copy of the Power of Attorney that was not authenticated.
Machinery Agencies filed an application as an Operational Creditor against ABM Rubber Industries Pvt. Ltd., the Corporate Debtor, under Section 8 & 9 of the Insolvency & Bankruptcy Code, 2016. During the hearing, the court observed that the copy of the Power of Attorney submitted by the Operational Creditor was not authenticated. This lack of authentication was a critical issue because it affected the validity of the application. The court then directed the Operational Creditor to submit an authenticated Power of Attorney within seven days. The case was then listed for further hearing on 2019-07-18.
Date of the order where the court directed…
The case was li…