M/s. XNG Automation Solutions Private Limited, an operational creditor, filed an application (CP(IB) No. 149/BB/2019) under Section 9 of the Insolvency & Bankruptcy Code, 2016, against M/s. GCL Private Limited, the corporate debtor, due to an outstanding debt of Rs. 11,82,740/-. The application was filed on 2019-03-14. The Registry raised office objections on 2019-03-22, which were communicated to the petitioner's counsel on 2019-03-25. The petitioner failed to comply with the objections within the given timeframe. The case was listed on 2019-04-10, 2019-04-22, and 2019-04-23. The petitioner or their counsel were absent on multiple occasions. The court noted the petitioner's lack of interest in prosecuting the case. This lack of prosecution is relevant because it

M/s. XNG Automation Solutions Private Limited, an operational creditor, filed an application (CP(IB) No. 149/BB/2019) under Section 9 of the Insolvency & Bankruptcy Code, 2016, against M/s. GCL Private Limited, the corporate debtor, due to an outstanding debt of Rs. 11,82,740/-. The application was filed on 2019-03-14. The Registry raised office objections on 2019-03-22, which were communicated to the petitioner's counsel on 2019-03-25. The petitioner failed to comply with the objections within the given timeframe. The case was listed on 2019-04-10, 2019-04-22, and 2019-04-23. The petitioner or their counsel were absent on multiple occasions. The court noted the petitioner's lack of interest in prosecuting the case. This lack of prosecution is relevant because it