The case pertains to an insolvency petition filed under Section 9 of the IBC. The petitioner was absent during the hearing, and there was no representation on their behalf. The petitioner has been absent since March 6, 2019.
The case involves an insolvency petition under Section 9 of the IBC. The petitioner, M/S TV 18 Broadcast Limited, was not present during the hearing on April 30, 2019, and no representation was made on their behalf. The petitioner had been absent since March 6, 2019. Due to the continued absence and lack of prosecution, the court presumed that the petitioner had lost interest in pursuing the case. This led to the dismissal of the IB petition in default.
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The petitioner…
Hearing of Allahabad Bench of the National…
The case pertains to an insolvency petition filed under Section 9 of the IBC. The petitioner was absent during the hearing, and there was no representation on their behalf. The petitioner has been absent since March 6, 2019.
The case involves an insolvency petition under Section 9 of the IBC. The petitioner, M/S TV 18 Broadcast Limited, was not present during the hearing on April 30, 2019, and no representation was made on their behalf. The petitioner had been absent since March 6, 2019. Due to the continued absence and lack of prosecution, the court presumed that the petitioner had lost interest in pursuing the case. This led to the dismissal of the IB petition in default.
The petitioner…
Hearing of Allahabad Bench of the National…