The case pertains to a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter was taken up through virtual hearing. The petitioner's service affidavit was not filed as directed by the tribunal in an earlier order dated 16.02.2021.
State Bank of India filed a company petition against Aegis Glass Container Pvt Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter was heard virtually. The petitioner, State Bank of India, failed to file the service affidavit as directed by the tribunal in its earlier order dated 16.02.2021. The tribunal inferred that the petitioner was not interested in prosecuting the company petition. Consequently, the tribunal dismissed the company petition for non-prosecution.
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The tribunal issued an…
The tribunal dismissed the company petition for…
The case pertains to a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter was taken up through virtual hearing. The petitioner's service affidavit was not filed as directed by the tribunal in an earlier order dated 16.02.2021.
State Bank of India filed a company petition against Aegis Glass Container Pvt Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter was heard virtually. The petitioner, State Bank of India, failed to file the service affidavit as directed by the tribunal in its earlier order dated 16.02.2021. The tribunal inferred that the petitioner was not interested in prosecuting the company petition. Consequently, the tribunal dismissed the company petition for non-prosecution.
The tribunal issued an…
The tribunal dismissed the company petition for…