The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The original applicant, Gulab Devi Mutha, has passed away. Her son, Gyan Chand Mutha, seeks to continue the proceedings as her legal heir. The original notarized Will of Gulab Devi Mutha was produced before the National Company Law Tribunal (NCLT), Jaipur.
Gulab Devi Mutha filed an application under Section 7 of the IBC, 2016. Gulab Devi Mutha passed away, and her son, Gyan Chand Mutha, sought to be substituted as the applicant to continue the proceedings. The original notarized Will of Gulab Devi Mutha was produced before the Tribunal. Gyan Chand Mutha annexed affidavits/no objection from other legal heirs, specifically four sisters. The respondent's counsel was present. The Tribunal was convinced that Gyan Chand Mutha, as the son and legal heir, had the right to continue the proceedings. The learned counsel for the applicant undertook to file the amended memo of parties and the main application.
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The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The original applicant, Gulab Devi Mutha, has passed away. Her son, Gyan Chand Mutha, seeks to continue the proceedings as her legal heir. The original notarized Will of Gulab Devi Mutha was produced before the National Company Law Tribunal (NCLT), Jaipur.
Gulab Devi Mutha filed an application under Section 7 of the IBC, 2016. Gulab Devi Mutha passed away, and her son, Gyan Chand Mutha, sought to be substituted as the applicant to continue the proceedings. The original notarized Will of Gulab Devi Mutha was produced before the Tribunal. Gyan Chand Mutha annexed affidavits/no objection from other legal heirs, specifically four sisters. The respondent's counsel was present. The Tribunal was convinced that Gyan Chand Mutha, as the son and legal heir, had the right to continue the proceedings. The learned counsel for the applicant undertook to file the amended memo of parties and the main application.
Compliance of t…
Order delivered on…