Hotel Gaudavan Pvt. Ltd. (HGPL) is the subject of an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was filed before the National Company Law Tribunal (NCLT), New Delhi. The NCLT, presided over by Chief Justice M.M. Kumar and Hon'ble Member R. Varadharajan, heard arguments and dismissed the application with costs. Shri Harendra Singh Rathore, the applicant, is required to pay Rs. 2 lacs from his personal funds. The costs are to be paid from an account unconnected with the accounts of Hotel Gaudavan Private Limited. C.A. No. 222/2017 and C.A. No. 183/2017 are scheduled for further consideration on 2017-08-29. The learned counsel for the applicant stated that a copy of the reply has been handed over to the other side in the Court

Hotel Gaudavan Pvt. Ltd. (HGPL) is the subject of an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was filed before the National Company Law Tribunal (NCLT), New Delhi. The NCLT, presided over by Chief Justice M.M. Kumar and Hon'ble Member R. Varadharajan, heard arguments and dismissed the application with costs. Shri Harendra Singh Rathore, the applicant, is required to pay Rs. 2 lacs from his personal funds. The costs are to be paid from an account unconnected with the accounts of Hotel Gaudavan Private Limited. C.A. No. 222/2017 and C.A. No. 183/2017 are scheduled for further consideration on 2017-08-29. The learned counsel for the applicant stated that a copy of the reply has been handed over to the other side in the Court