The case involves an application/petition filed by Punjab National Bank against M/s. Hanung Toys and Textiles Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016 (CIRP).
Punjab National Bank filed an application/petition against M/s. Hanung Toys and Textiles Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The corporate debtor's counsel presented a copy of an order from the Hon'ble Supreme Court dated 2019-12-18, which granted permission to file a Special Leave Application and imposed a stay on further proceedings. The court acknowledged the Supreme Court's order and adjourned the matter indefinitely.
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The Hon'ble Supreme Court granted permission…
The NCLT adjourned the…
The case involves an application/petition filed by Punjab National Bank against M/s. Hanung Toys and Textiles Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016 (CIRP).
Punjab National Bank filed an application/petition against M/s. Hanung Toys and Textiles Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The corporate debtor's counsel presented a copy of an order from the Hon'ble Supreme Court dated 2019-12-18, which granted permission to file a Special Leave Application and imposed a stay on further proceedings. The court acknowledged the Supreme Court's order and adjourned the matter indefinitely.
The Hon'ble Supreme Court granted permission…
The NCLT adjourned the…