The case involves an application (CA-1034(PB)/2018) by Alchemist Asset Reconstruction Co. Pvt. Ltd. seeking permission for substituted service on the respondent, Monet Exports Pvt. Ltd. The applicant asserts that attempts to serve the respondent at its registered office address have failed, as the parcel sent to the Director, Mr. Rajinder Nath, was returned. Furthermore, the applicant claims to have taken possession of the registered office under Section 13(4) of the SARFAESI Act, 2016, making ordinary service impossible.
Alchemist Asset Reconstruction Co. Pvt. Ltd. filed an application (CA-1034(PB)/2018) seeking substituted service on Monet Exports Pvt. Ltd. The applicant attempted to serve the respondent at its registered office, but the parcel was returned. The applicant also asserted that they had taken possession of the respondent's registered office under Section 13(4) of the SARFAESI Act, 2016. This possession made ordinary service impossible, leading the applicant to request substituted service. The tracking report of the returned parcel was placed on record as evidence. The Director of Monet Exports Pvt. Ltd. is Mr. Rajinder Nath.
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The case involves an application (CA-1034(PB)/2018) by Alchemist Asset Reconstruction Co. Pvt. Ltd. seeking permission for substituted service on the respondent, Monet Exports Pvt. Ltd. The applicant asserts that attempts to serve the respondent at its registered office address have failed, as the parcel sent to the Director, Mr. Rajinder Nath, was returned. Furthermore, the applicant claims to have taken possession of the registered office under Section 13(4) of the SARFAESI Act, 2016, making ordinary service impossible.
Alchemist Asset Reconstruction Co. Pvt. Ltd. filed an application (CA-1034(PB)/2018) seeking substituted service on Monet Exports Pvt. Ltd. The applicant attempted to serve the respondent at its registered office, but the parcel was returned. The applicant also asserted that they had taken possession of the respondent's registered office under Section 13(4) of the SARFAESI Act, 2016. This possession made ordinary service impossible, leading the applicant to request substituted service. The tracking report of the returned parcel was placed on record as evidence. The Director of Monet Exports Pvt. Ltd. is Mr. Rajinder Nath.
Order delivered by the…