The case pertains to an IB petition filed before the National Company Law Tribunal (NCLT), Ahmedabad Bench. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code. The order sheet reflects the attendance and proceedings of the hearing held on May 2, 2019.
Abil Chempharma Pvt. Ltd. filed an IB petition against Lifespan Biotech Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code. However, a prior petition, CP(IB) 317/2018, had already been admitted against the same Corporate Debtor. Consequently, the present IB petition was deemed infructuous. The operational creditor, Abil Chempharma Pvt. Ltd., was granted the liberty to file its claim before the Resolution Professional.
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Order passed in CP(IB)…
Hearing of Ahmedabad…
The case pertains to an IB petition filed before the National Company Law Tribunal (NCLT), Ahmedabad Bench. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code. The order sheet reflects the attendance and proceedings of the hearing held on May 2, 2019.
Abil Chempharma Pvt. Ltd. filed an IB petition against Lifespan Biotech Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code. However, a prior petition, CP(IB) 317/2018, had already been admitted against the same Corporate Debtor. Consequently, the present IB petition was deemed infructuous. The operational creditor, Abil Chempharma Pvt. Ltd., was granted the liberty to file its claim before the Resolution Professional.
Order passed in CP(IB)…
Hearing of Ahmedabad…