The case pertains to a matter before the National Company Law Tribunal (NCLT), Mumbai Bench, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner, Risa International Ltd, initiated proceedings against the respondent, Jetspeed Tradecom Pvt Ltd. The Tribunal had previously directed the petitioner to file a service affidavit.
Risa International Ltd filed a case against Jetspeed Tradecom Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT, Mumbai Bench, directed Risa International Ltd to file a service affidavit. However, Risa International Ltd failed to file the affidavit and did not appear before the Tribunal on the hearing date of 05.07.2021. The Tribunal interpreted this inaction as a lack of interest in prosecuting the matter.
Sign in to view the parties.
The Tribunal directed…
The petitioner failed…
The case pertains to a matter before the National Company Law Tribunal (NCLT), Mumbai Bench, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner, Risa International Ltd, initiated proceedings against the respondent, Jetspeed Tradecom Pvt Ltd. The Tribunal had previously directed the petitioner to file a service affidavit.
Risa International Ltd filed a case against Jetspeed Tradecom Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT, Mumbai Bench, directed Risa International Ltd to file a service affidavit. However, Risa International Ltd failed to file the affidavit and did not appear before the Tribunal on the hearing date of 05.07.2021. The Tribunal interpreted this inaction as a lack of interest in prosecuting the matter.
The Tribunal directed…
The petitioner failed…