The case originated as a transferred petition from the High Court to the NCLT Mumbai Bench. The petitioner sought to place a withdrawal application on record, as noted in the proceedings dated 2017-08-10. However, no one representing the petitioner was present during the hearing. The court observed that the necessary compliance with the Code and submission of the requisite form for the transfer of the petition had not been fulfilled. As a result, the petition was abated according to Notification No. GSR-732(E) dated 2017-06-30, indicating the petitioner's lack of seriousness in pursuing the matter. Despite the abatement, the petitioner was granted the liberty to file a fresh petition if deemed appropriate, as per the 1st Proviso of the Notification. The petition was

The case originated as a transferred petition from the High Court to the NCLT Mumbai Bench. The petitioner sought to place a withdrawal application on record, as noted in the proceedings dated 2017-08-10. However, no one representing the petitioner was present during the hearing. The court observed that the necessary compliance with the Code and submission of the requisite form for the transfer of the petition had not been fulfilled. As a result, the petition was abated according to Notification No. GSR-732(E) dated 2017-06-30, indicating the petitioner's lack of seriousness in pursuing the matter. Despite the abatement, the petitioner was granted the liberty to file a fresh petition if deemed appropriate, as per the 1st Proviso of the Notification. The petition was