The case involves an application before the National Company Law Tribunal (NCLT), New Delhi, Principal Bench. ICICI Bank Ltd. is the applicant/petitioner, and Hyderabad Ring Road Project Pvt. Ltd. is the respondent. The matter is under Section 7 of an unspecified act. The application was heard by Chief Justice (Rtd.) M. M. Kumar and Hon'ble Member (Technical) S. K. Mohapatra.
ICICI Bank Ltd. filed an application against Hyderabad Ring Road Project Pvt. Ltd. under Section 7. The application was heard by the NCLT, New Delhi. The court found the application to be wholly misconceived and dismissed it. The orders had already been reserved and were likely to be pronounced. The court also noted that there may not be a common Resolution Professional for a holding company and its subsidiary. The date of the order is 25.04.2019.
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Item No. 13 (IB)-1152(PB…
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The case involves an application before the National Company Law Tribunal (NCLT), New Delhi, Principal Bench. ICICI Bank Ltd. is the applicant/petitioner, and Hyderabad Ring Road Project Pvt. Ltd. is the respondent. The matter is under Section 7 of an unspecified act. The application was heard by Chief Justice (Rtd.) M. M. Kumar and Hon'ble Member (Technical) S. K. Mohapatra.
ICICI Bank Ltd. filed an application against Hyderabad Ring Road Project Pvt. Ltd. under Section 7. The application was heard by the NCLT, New Delhi. The court found the application to be wholly misconceived and dismissed it. The orders had already been reserved and were likely to be pronounced. The court also noted that there may not be a common Resolution Professional for a holding company and its subsidiary. The date of the order is 25.04.2019.
Item No. 13 (IB)-1152(PB…
The applicati…
Sign in to view related legal provisions.