The case involves Mataji Dyeing Mills Pvt. Ltd. as the applicant and Marudhar Polycot (India) Pvt. Ltd. as the respondent. The petition was filed under Section 7 of the Insolvency and Bankruptcy Code. On the hearing date of July 16, 2019, and previously on May 31, 2019, none of the parties appeared before the NCLT Ahmedabad Bench. Due to the continued absence of both parties, the NCLT dismissed the petition for non-prosecution. The key fact is the absence of both parties, leading to the dismissal.

The case involves Mataji Dyeing Mills Pvt. Ltd. as the applicant and Marudhar Polycot (India) Pvt. Ltd. as the respondent. The petition was filed under Section 7 of the Insolvency and Bankruptcy Code. On the hearing date of July 16, 2019, and previously on May 31, 2019, none of the parties appeared before the NCLT Ahmedabad Bench. Due to the continued absence of both parties, the NCLT dismissed the petition for non-prosecution. The key fact is the absence of both parties, leading to the dismissal.