This application, IA 2909/2022, was filed by Indian Bank, the applicant, in IA 1845/2022, which was originally filed by Dev Land and Housing Private Limited in the corporate insolvency resolution process (CIRP) of Mandhana Industries Limited (Corporate Debtor). The Indian Bank sought the recall or modification of an ex-parte order dated September 20, 2022. This ex-parte order had directed Indian Bank to hand over title deeds and other requisite documents to the Successful Resolution Applicant (SRA) and to issue a no-dues certificate. The Indian Bank also requested an opportunity to file its affidavit in reply, to be heard on IA 1845/2022, and sought the imposition of heavy costs on the respondent for allegedly misrepresenting the Tribunal and obtaining the ex-parte
…Indian Bank, the applicant, filed IA 2909/2022 in IA 1845/2022, which was originally filed by Dev Land and Housing Private Limited in the matter of Mandhana Industries Limited (Corporate Debtor). The application sought the recall or modification of an ex-parte order dated September 20, 2022. This order had directed Indian Bank to hand over title deeds and other requisite documents to the Successful Resolution Applicant and to issue a no-dues certificate. Indian Bank also requested an opportunity to file an affidavit in reply and sought the imposition of heavy costs on the respondent for alleged misrepresentation.
…The NCLT approved the…
Dev Land and Housing Pvt. Ltd. (Respondent)…
Sign in to view related legal provisions.
This application, IA 2909/2022, was filed by Indian Bank, the applicant, in IA 1845/2022, which was originally filed by Dev Land and Housing Private Limited in the corporate insolvency resolution process (CIRP) of Mandhana Industries Limited (Corporate Debtor). The Indian Bank sought the recall or modification of an ex-parte order dated September 20, 2022. This ex-parte order had directed Indian Bank to hand over title deeds and other requisite documents to the Successful Resolution Applicant (SRA) and to issue a no-dues certificate. The Indian Bank also requested an opportunity to file its affidavit in reply, to be heard on IA 1845/2022, and sought the imposition of heavy costs on the respondent for allegedly misrepresenting the Tribunal and obtaining the ex-parte
…Indian Bank, the applicant, filed IA 2909/2022 in IA 1845/2022, which was originally filed by Dev Land and Housing Private Limited in the matter of Mandhana Industries Limited (Corporate Debtor). The application sought the recall or modification of an ex-parte order dated September 20, 2022. This order had directed Indian Bank to hand over title deeds and other requisite documents to the Successful Resolution Applicant and to issue a no-dues certificate. Indian Bank also requested an opportunity to file an affidavit in reply and sought the imposition of heavy costs on the respondent for alleged misrepresentation.
…The NCLT approved the…
Dev Land and Housing Pvt. Ltd. (Respondent)…
Sign in to view related legal provisions.