M/s. Lease Plan India Pvt. Ltd. filed an application C.P. (IB) No.50/BB/2017 under Section 8&9 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. Camson Bio Technologies Limited. The application was based on an alleged default of Rs. 1,92,23,466/-. The case was listed for admission on various dates spanning from July 12, 2017, to May 30, 2019. However, neither the petitioner nor their counsel appeared before the Tribunal on several of these dates. The Tribunal noted this absence and eventually dismissed the case for default due to non-prosecution. The consistent absence of the petitioner suggests a lack of interest in pursuing the matter, leading to the dismissal.

M/s. Lease Plan India Pvt. Ltd. filed an application C.P. (IB) No.50/BB/2017 under Section 8&9 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. Camson Bio Technologies Limited. The application was based on an alleged default of Rs. 1,92,23,466/-. The case was listed for admission on various dates spanning from July 12, 2017, to May 30, 2019. However, neither the petitioner nor their counsel appeared before the Tribunal on several of these dates. The Tribunal noted this absence and eventually dismissed the case for default due to non-prosecution. The consistent absence of the petitioner suggests a lack of interest in pursuing the matter, leading to the dismissal.