The case involves M/s Apar Industries Limited, an operational creditor, filing a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Drake & Scull Water & Energy India Pvt. Ltd., the corporate debtor. The petition was filed before the National Company Law Tribunal (NCLT), Chandigarh Bench. The order was delivered on October 31, 2018.
M/s Apar Industries Limited, an operational creditor with a registered office in Gujarat, filed a petition against Drake & Scull Water & Energy India Pvt. Ltd., a corporate debtor located in Gurugram, Haryana. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT, Chandigarh Bench, was hearing the case. Prior to this case, another petition, CP (IB) No.7/Chd/Hry/2018, filed by Shivashakti Elmech Pvt. Ltd. against Drake & Scull Water & Energy India Pvt. Ltd., had already been admitted. The court disposed of the current petition, granting the petitioner the liberty to file a claim before the Interim Resolution Professional.
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The case involves M/s Apar Industries Limited, an operational creditor, filing a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Drake & Scull Water & Energy India Pvt. Ltd., the corporate debtor. The petition was filed before the National Company Law Tribunal (NCLT), Chandigarh Bench. The order was delivered on October 31, 2018.
M/s Apar Industries Limited, an operational creditor with a registered office in Gujarat, filed a petition against Drake & Scull Water & Energy India Pvt. Ltd., a corporate debtor located in Gurugram, Haryana. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT, Chandigarh Bench, was hearing the case. Prior to this case, another petition, CP (IB) No.7/Chd/Hry/2018, filed by Shivashakti Elmech Pvt. Ltd. against Drake & Scull Water & Energy India Pvt. Ltd., had already been admitted. The court disposed of the current petition, granting the petitioner the liberty to file a claim before the Interim Resolution Professional.
The NCLT delivered the order disposing of the…
Sign in to view related legal provisions.