The case involves an application before the National Company Law Tribunal (NCLT), New Delhi, Principal Bench. The matter pertains to ICICI Bank Ltd. as the applicant/petitioner and Hyderabad Ring Road Project Pvt. Ltd. as the respondent. The application is filed under Section 7 of an unspecified act. The order was delivered on April 25, 2019.
ICICI Bank Ltd. filed an application against Hyderabad Ring Road Project Pvt. Ltd. before the NCLT, New Delhi, Principal Bench, under Section 7. The application was reviewed by the tribunal, which found it to be wholly misconceived. Orders related to the application had already been reserved and were likely to be pronounced. The tribunal considered the possibility of a common Resolution Professional for a holding company and its subsidiary. Ultimately, the application was dismissed.
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Case (IB)-1152(…
The order was delivered…
The case involves an application before the National Company Law Tribunal (NCLT), New Delhi, Principal Bench. The matter pertains to ICICI Bank Ltd. as the applicant/petitioner and Hyderabad Ring Road Project Pvt. Ltd. as the respondent. The application is filed under Section 7 of an unspecified act. The order was delivered on April 25, 2019.
ICICI Bank Ltd. filed an application against Hyderabad Ring Road Project Pvt. Ltd. before the NCLT, New Delhi, Principal Bench, under Section 7. The application was reviewed by the tribunal, which found it to be wholly misconceived. Orders related to the application had already been reserved and were likely to be pronounced. The tribunal considered the possibility of a common Resolution Professional for a holding company and its subsidiary. Ultimately, the application was dismissed.
Case (IB)-1152(…
The order was delivered…