The case involves H R Organo Chem Pvt. Ltd. versus Alok Industries Limited before the National Company Law Tribunal (NCLT), Mumbai Bench. The matter pertains to an application filed by the Respondent Debtor. An order from the NCLT, Ahmedabad Bench, dated 18.07.2017, indicates that insolvency proceedings have commenced against Alok Industries Limited, and an Interim Resolution Professional (IRP) has been appointed.
H R Organo Chem Pvt. Ltd. filed a petition against Alok Industries Limited before the NCLT, Mumbai Bench. Alok Industries Limited is the Corporate Debtor. The NCLT, Ahmedabad Bench, had already initiated insolvency proceedings against Alok Industries Limited on 18.07.2017, and an IRP had been appointed. The Petitioner's counsel acknowledged the commencement of insolvency proceedings and the formation of the Committee of Creditors. The address of the Debtor is 'Sylvasa' within the jurisdictional territory of the Ahmedabad Bench. This fact is relevant because it determines the appropriate jurisdiction for the insolvency proceedings.
Sign in to view the parties.
NCLT, Ahmedabad Bench, issued an order…
Hearing at NCLT, Mumbai Bench, where the…
Sign in to view related legal provisions.
The case involves H R Organo Chem Pvt. Ltd. versus Alok Industries Limited before the National Company Law Tribunal (NCLT), Mumbai Bench. The matter pertains to an application filed by the Respondent Debtor. An order from the NCLT, Ahmedabad Bench, dated 18.07.2017, indicates that insolvency proceedings have commenced against Alok Industries Limited, and an Interim Resolution Professional (IRP) has been appointed.
H R Organo Chem Pvt. Ltd. filed a petition against Alok Industries Limited before the NCLT, Mumbai Bench. Alok Industries Limited is the Corporate Debtor. The NCLT, Ahmedabad Bench, had already initiated insolvency proceedings against Alok Industries Limited on 18.07.2017, and an IRP had been appointed. The Petitioner's counsel acknowledged the commencement of insolvency proceedings and the formation of the Committee of Creditors. The address of the Debtor is 'Sylvasa' within the jurisdictional territory of the Ahmedabad Bench. This fact is relevant because it determines the appropriate jurisdiction for the insolvency proceedings.
NCLT, Ahmedabad Bench, issued an order…
Hearing at NCLT, Mumbai Bench, where the…
Sign in to view related legal provisions.