The case pertains to an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed before the National Company Law Tribunal (NCLT), Mumbai Division. The applicant's counsel was absent for the last three hearings, and no one was present during the current hearing. The counsel for the Corporate Debtor was present.
Oswal Valves Private Limited filed a petition against Meghna Metallurgical and Marine Works Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The counsel representing Oswal Valves Private Limited was absent for the last three hearings. On the day of the order, no one representing Oswal Valves Private Limited was present. The counsel for the Corporate Debtor, Meghna Metallurgical and Marine Works Private Limited, was present. Due to the petitioner's absence, the NCLT dismissed the petition for non-prosecution.
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Hearing of Mumbai Bench…
The counsel for the…
The case pertains to an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed before the National Company Law Tribunal (NCLT), Mumbai Division. The applicant's counsel was absent for the last three hearings, and no one was present during the current hearing. The counsel for the Corporate Debtor was present.
Oswal Valves Private Limited filed a petition against Meghna Metallurgical and Marine Works Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The counsel representing Oswal Valves Private Limited was absent for the last three hearings. On the day of the order, no one representing Oswal Valves Private Limited was present. The counsel for the Corporate Debtor, Meghna Metallurgical and Marine Works Private Limited, was present. Due to the petitioner's absence, the NCLT dismissed the petition for non-prosecution.
Hearing of Mumbai Bench…
The counsel for the…