The case involves two petitions, T.C.P. No. 742/I&BC/NCLT/MB/MAH/2017 and T.C.P. No. 743/I&BC/NCLT/MB/MAH/2017, which were transferred from the Hon'ble High Court to the National Company Law Tribunal (NCLT), Mumbai Bench. The petitioner failed to file the requisite form for transfer as prescribed under Notification No. GSR-732(E) dated 30.06.2017.
Veermani Engineering Co. filed petitions against Leak Proof Pumps (India) Pvt. Ltd. The petitions, T.C.P. No. 742/I&BC/NCLT/MB/MAH/2017 and T.C.P. No. 743/I&BC/NCLT/MB/MAH/2017, were transferred from the High Court to the NCLT. The petitioner, Veermani Engineering Co., did not file the requisite form for the transfer as required by Notification No. GSR-732(E) dated 30.06.2017. The notification stipulated that the forms should be filed on or before 15.07.2017. Despite this, the notification allowed the petitioner to file a fresh petition under the Insolvency Code. As a result of the non-compliance, the NCLT disposed of the petitions as abated.
Sign in to view the parties.
Notification No.…
The notification prescribed that the requisite…
Sign in to view related legal provisions.
The case involves two petitions, T.C.P. No. 742/I&BC/NCLT/MB/MAH/2017 and T.C.P. No. 743/I&BC/NCLT/MB/MAH/2017, which were transferred from the Hon'ble High Court to the National Company Law Tribunal (NCLT), Mumbai Bench. The petitioner failed to file the requisite form for transfer as prescribed under Notification No. GSR-732(E) dated 30.06.2017.
Veermani Engineering Co. filed petitions against Leak Proof Pumps (India) Pvt. Ltd. The petitions, T.C.P. No. 742/I&BC/NCLT/MB/MAH/2017 and T.C.P. No. 743/I&BC/NCLT/MB/MAH/2017, were transferred from the High Court to the NCLT. The petitioner, Veermani Engineering Co., did not file the requisite form for the transfer as required by Notification No. GSR-732(E) dated 30.06.2017. The notification stipulated that the forms should be filed on or before 15.07.2017. Despite this, the notification allowed the petitioner to file a fresh petition under the Insolvency Code. As a result of the non-compliance, the NCLT disposed of the petitions as abated.
Notification No.…
The notification prescribed that the requisite…
Sign in to view related legal provisions.