The case pertains to an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed before the National Company Law Tribunal (NCLT), Mumbai Division-II. The application number is C.P. (IB)-3209/MB/2018. The hearing was conducted by a bench of the NCLT, Mumbai, on May 6, 2019.
The case involves an insolvency application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel was present at the hearing, while the Corporate Debtor was not represented despite being served notice via newspaper publication. The petitioner's counsel stated that they were willing to give up the interest claim of Rs. 3,59,542 because there is no provision for charging interest. The petitioner has restricted the claim to Rs. 20,54,567. The case was reserved for orders.
Sign in to view the parties.
C.P. (IB)-3209…
Hearing of the Mumbai…
The case pertains to an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed before the National Company Law Tribunal (NCLT), Mumbai Division-II. The application number is C.P. (IB)-3209/MB/2018. The hearing was conducted by a bench of the NCLT, Mumbai, on May 6, 2019.
The case involves an insolvency application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel was present at the hearing, while the Corporate Debtor was not represented despite being served notice via newspaper publication. The petitioner's counsel stated that they were willing to give up the interest claim of Rs. 3,59,542 because there is no provision for charging interest. The petitioner has restricted the claim to Rs. 20,54,567. The case was reserved for orders.
C.P. (IB)-3209…
Hearing of the Mumbai…