The National Company Law Tribunal (NCLT) Mumbai Bench was closed due to the Covid-19 pandemic. The Principal Bench constituted a special bench to hear urgent matters via video conference. The liquidator filed two applications: IA No. 1226/2020 for extension of the liquidation period and IA No. 1231/2020 for urgent hearing. The liquidation process of Gupta Global Resources Private Limited was initiated by an order dated 21.08.2018, and the liquidation period was set to expire on 20.08.2020. The liquidator filed multiple applications for various prayers, including recovery of amounts under preferential transactions. These applications were pending and could not be heard due to the lockdown and other litigations.
The National Company Law Tribunal (NCLT) Mumbai Bench was operating under restrictions due to the Covid-19 pandemic. Gupta Global Resources Private Limited is undergoing liquidation, initiated by an order dated 21.08.2018, with the liquidation period initially set to expire on 20.08.2020. The liquidator, C. Bala Mouli, filed multiple applications, including MA 1309/2019, MA 1508/2018, MA 1509/2019, MA 289/2019, MA 1239/2017, MA 1760/2019, MA 1462/2019, MA 1465/2019, MA 3328/2019, MA 3034/2019, MA 3440/2019, MA 1854/2019, MA 621/2019 and MA 84/2020, for various prayers related to the liquidation process, including recovery of amounts covered under preferential transactions. These applications were pending and could not be heard due to the nationwide lockdown starting
…Sign in to view the parties.
CP (IB) No. 1239/MB/2017…
Authority directed the…
The National Company Law Tribunal (NCLT) Mumbai Bench was closed due to the Covid-19 pandemic. The Principal Bench constituted a special bench to hear urgent matters via video conference. The liquidator filed two applications: IA No. 1226/2020 for extension of the liquidation period and IA No. 1231/2020 for urgent hearing. The liquidation process of Gupta Global Resources Private Limited was initiated by an order dated 21.08.2018, and the liquidation period was set to expire on 20.08.2020. The liquidator filed multiple applications for various prayers, including recovery of amounts under preferential transactions. These applications were pending and could not be heard due to the lockdown and other litigations.
The National Company Law Tribunal (NCLT) Mumbai Bench was operating under restrictions due to the Covid-19 pandemic. Gupta Global Resources Private Limited is undergoing liquidation, initiated by an order dated 21.08.2018, with the liquidation period initially set to expire on 20.08.2020. The liquidator, C. Bala Mouli, filed multiple applications, including MA 1309/2019, MA 1508/2018, MA 1509/2019, MA 289/2019, MA 1239/2017, MA 1760/2019, MA 1462/2019, MA 1465/2019, MA 3328/2019, MA 3034/2019, MA 3440/2019, MA 1854/2019, MA 621/2019 and MA 84/2020, for various prayers related to the liquidation process, including recovery of amounts covered under preferential transactions. These applications were pending and could not be heard due to the nationwide lockdown starting
…CP (IB) No. 1239/MB/2017…
Authority directed the…