The case pertains to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed before the National Company Law Tribunal (NCLT), Mumbai Bench. The applicant is Corporation Bank, and the respondent is Aditya Polymers & Chemicals (India) Pvt Ltd.
Corporation Bank filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Aditya Polymers & Chemicals (India) Pvt Ltd before the NCLT Mumbai Bench. The NCLT heard the arguments of the counsel for both parties. The petition was admitted, and Ms. Purnima Dhiraj Shetty was appointed as the Interim Resolution Professional (IRP). The detailed judgment is to be issued later.
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Hearing of Mumbai Bench…
The petition f…
The case pertains to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed before the National Company Law Tribunal (NCLT), Mumbai Bench. The applicant is Corporation Bank, and the respondent is Aditya Polymers & Chemicals (India) Pvt Ltd.
Corporation Bank filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Aditya Polymers & Chemicals (India) Pvt Ltd before the NCLT Mumbai Bench. The NCLT heard the arguments of the counsel for both parties. The petition was admitted, and Ms. Purnima Dhiraj Shetty was appointed as the Interim Resolution Professional (IRP). The detailed judgment is to be issued later.
Hearing of Mumbai Bench…
The petition f…