The case involves an application filed by Fujitec India Private Limited, the applicant, under Rule 48(2) of the NCLT Rules, 2016, seeking the restoration of Company Petition IBA/1416/2019, which was previously dismissed for non-prosecution. The applicant's counsel stated that they misheard the hearing date, leading to their non-appearance. The original dismissal order was dated 13.09.2021.
Fujitec India Private Limited filed an application to restore Company Petition IBA/1416/2019, which had been dismissed on 13.09.2021 for non-prosecution. The applicant's counsel claimed to have misheard the hearing date, leading to their absence. The applicant also cited the old age of 72 years as a contributing factor to their non-appearance. The initial hearing was scheduled for 03.09.2021, but the counsel misheard it as 30.09.2021. The tribunal considered these reasons and found them reasonable and plausible. The applicant was directed to pay Rs. 25,000 to the PM National Relief Fund as a condition for restoring the petition.
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Company Petition…
The original hearing date for IBA/1416/2019,…
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The case involves an application filed by Fujitec India Private Limited, the applicant, under Rule 48(2) of the NCLT Rules, 2016, seeking the restoration of Company Petition IBA/1416/2019, which was previously dismissed for non-prosecution. The applicant's counsel stated that they misheard the hearing date, leading to their non-appearance. The original dismissal order was dated 13.09.2021.
Fujitec India Private Limited filed an application to restore Company Petition IBA/1416/2019, which had been dismissed on 13.09.2021 for non-prosecution. The applicant's counsel claimed to have misheard the hearing date, leading to their absence. The applicant also cited the old age of 72 years as a contributing factor to their non-appearance. The initial hearing was scheduled for 03.09.2021, but the counsel misheard it as 30.09.2021. The tribunal considered these reasons and found them reasonable and plausible. The applicant was directed to pay Rs. 25,000 to the PM National Relief Fund as a condition for restoring the petition.
Company Petition…
The original hearing date for IBA/1416/2019,…
Sign in to view related legal provisions.