The case involves a petition where the petitioner's counsel submits that they were directed to meet and reconcile accounts. However, the possibility of reconciliation appears remote due to the peculiar facts of the case. The Corporate Debtor has been taken over by a new management, while all claims pertain to the erstwhile regime. The respondent's counsel submits that upon taking over, they uncovered certain discrepancies and an audit has been carried out.
The case involves a dispute between OSL Healthcare Pvt. Ltd. and Consultant Combustion Engineers. The Corporate Debtor, OSL Healthcare Pvt. Ltd., has undergone a change in management. The claims in the case pertain to the period before the new management took over. The new management has uncovered certain discrepancies and conducted an audit, the report of which they wish to submit. The petitioner opposes the submission of the audit report. The court considers the new management's perspective important before making a decision.
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Hearing before the New…
Matter adjour…
The case involves a petition where the petitioner's counsel submits that they were directed to meet and reconcile accounts. However, the possibility of reconciliation appears remote due to the peculiar facts of the case. The Corporate Debtor has been taken over by a new management, while all claims pertain to the erstwhile regime. The respondent's counsel submits that upon taking over, they uncovered certain discrepancies and an audit has been carried out.
The case involves a dispute between OSL Healthcare Pvt. Ltd. and Consultant Combustion Engineers. The Corporate Debtor, OSL Healthcare Pvt. Ltd., has undergone a change in management. The claims in the case pertain to the period before the new management took over. The new management has uncovered certain discrepancies and conducted an audit, the report of which they wish to submit. The petitioner opposes the submission of the audit report. The court considers the new management's perspective important before making a decision.
Hearing before the New…
Matter adjour…