A petition was transferred from the High Court to the National Company Law Tribunal (NCLT) regarding an outstanding debt of Rs. 8,26,130 under section 433(e) of the Old Act. The petitioner was obligated to file a specific form as per Notification No. 732(E) dated 30.06.2017, with a deadline of 15.07.2017. The petitioner failed to submit the required form within the stipulated timeframe. This failure led to the abatement of the petition. However, the petitioner retains the option to file a fresh petition, as per the 1st Proviso to the Notification.

A petition was transferred from the High Court to the National Company Law Tribunal (NCLT) regarding an outstanding debt of Rs. 8,26,130 under section 433(e) of the Old Act. The petitioner was obligated to file a specific form as per Notification No. 732(E) dated 30.06.2017, with a deadline of 15.07.2017. The petitioner failed to submit the required form within the stipulated timeframe. This failure led to the abatement of the petition. However, the petitioner retains the option to file a fresh petition, as per the 1st Proviso to the Notification.