The case pertains to an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The Corporate Debtor was given a final opportunity to file a reply by 20.05.2019, with a one-week deadline. However, the reply was filed on 08.07.2019, exceeding the stipulated time. The applicant's counsel states that an appeal has been filed before the NCLAT challenging the order dated 09.05.2019, which allowed the transfer of applications from Bench No. 2 to Bench No. 4 of New Delhi. The Corporate Debtor's counsel states that the appeal is under objection and is being pursued.
Godraj & Boyce Mfg. Co. Ltd. filed an application against Nayati Healthcare & Research NCR Pvt Ltd under Section 9 of the IBC. The Corporate Debtor, Nayati Healthcare, was given a last chance to file a reply by 20.05.2019, with a one-week deadline. The reply was filed on 08.07.2019, which was beyond the stipulated time. The applicant's counsel stated that an appeal was filed before the NCLAT challenging the order dated 09.05.2019, which allowed the transfer of applications from Bench No. 2 to Bench No. 4 of New Delhi. The Corporate Debtor's counsel stated that the appeal is under objection and is being pursued. The court directed that the reply be taken on record subject to the payment of Rs. 10,000/- to the Prime Minister's Relief Fund.
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Order passed by Hon'ble Principal Bench…
Corporate Debtor was…
The case pertains to an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The Corporate Debtor was given a final opportunity to file a reply by 20.05.2019, with a one-week deadline. However, the reply was filed on 08.07.2019, exceeding the stipulated time. The applicant's counsel states that an appeal has been filed before the NCLAT challenging the order dated 09.05.2019, which allowed the transfer of applications from Bench No. 2 to Bench No. 4 of New Delhi. The Corporate Debtor's counsel states that the appeal is under objection and is being pursued.
Godraj & Boyce Mfg. Co. Ltd. filed an application against Nayati Healthcare & Research NCR Pvt Ltd under Section 9 of the IBC. The Corporate Debtor, Nayati Healthcare, was given a last chance to file a reply by 20.05.2019, with a one-week deadline. The reply was filed on 08.07.2019, which was beyond the stipulated time. The applicant's counsel stated that an appeal was filed before the NCLAT challenging the order dated 09.05.2019, which allowed the transfer of applications from Bench No. 2 to Bench No. 4 of New Delhi. The Corporate Debtor's counsel stated that the appeal is under objection and is being pursued. The court directed that the reply be taken on record subject to the payment of Rs. 10,000/- to the Prime Minister's Relief Fund.
Order passed by Hon'ble Principal Bench…
Corporate Debtor was…