The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by an operational creditor against a corporate debtor.
The National Company Law Tribunal, Mumbai Bench, Court No. II, heard the matter on March 13, 2020. The case, bearing C.P.(IB)-4285(MB)/2019, involved Estek ads as the operational creditor and Krishna Developers Private Limited as the corporate debtor. The application was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. During the hearing, the learned counsel representing the operational creditor, Estek ads, was present before the Tribunal. However, there was no representation on behalf of the corporate debtor, Krishna Developers Private Limited. The operational creditor's counsel subsequently sought permission from the Tribunal to withdraw the petition that had been filed.
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The hearing was held, and the counsel for the…
The petition C.P.(IB)-42…
The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by an operational creditor against a corporate debtor.
The National Company Law Tribunal, Mumbai Bench, Court No. II, heard the matter on March 13, 2020. The case, bearing C.P.(IB)-4285(MB)/2019, involved Estek ads as the operational creditor and Krishna Developers Private Limited as the corporate debtor. The application was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. During the hearing, the learned counsel representing the operational creditor, Estek ads, was present before the Tribunal. However, there was no representation on behalf of the corporate debtor, Krishna Developers Private Limited. The operational creditor's counsel subsequently sought permission from the Tribunal to withdraw the petition that had been filed.
The hearing was held, and the counsel for the…
The petition C.P.(IB)-42…