Hindustan Power Instruments Pvt Ltd filed a petition against AXL Lighting Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The case was listed before the National Company Law Tribunal (NCLT), Mumbai Bench. On March 25, 2021, Mr. Karan Dogra, counsel for the respondent (AXL Lighting Ltd), was present. However, no one appeared on behalf of the petitioner (Hindustan Power Instruments Pvt Ltd). The court noted the petitioner's absence despite the listing of the matter for their appearance or for the dismissal of the petition. The court inferred that the petitioner was not interested in pursuing the case.

Hindustan Power Instruments Pvt Ltd filed a petition against AXL Lighting Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The case was listed before the National Company Law Tribunal (NCLT), Mumbai Bench. On March 25, 2021, Mr. Karan Dogra, counsel for the respondent (AXL Lighting Ltd), was present. However, no one appeared on behalf of the petitioner (Hindustan Power Instruments Pvt Ltd). The court noted the petitioner's absence despite the listing of the matter for their appearance or for the dismissal of the petition. The court inferred that the petitioner was not interested in pursuing the case.