The case involves CP (IB) 4578(MB)/2018 and MA 488/2019 before the National Company Law Tribunal (NCLT), Mumbai Bench. The Financial Creditor's counsel is present. A notice served to the Corporate Debtor was returned marked "LEFT", and the petitioner is directed to serve notice again through newspaper publication. SEBI is taking action against the same Corporate Debtor, and a process for the sale of attached property is underway for investor payments. A Civil Writ Petition against the Recovery officer, SEBI, has been filed, and the High Court has ordered regarding R3 company assets.
The case is CP (IB) 4578(MB)/2018 and MA 488/2019 before the NCLT Mumbai. The Financial Creditor's counsel is present. The notice served to the Corporate Debtor was returned with the remark "LEFT". The Petitioner is directed to serve notice again through newspaper publication. SEBI is taking action against the same Corporate Debtor company. The process for the sale of the attached property is going on for payment to the investors. A Civil Writ Petition against the Recovery officer, SEBI, has been filed. The High Court has ordered regarding R3 company assets, which have been auctioned to recover dues exceeding Rs. 7000 crores. Total 68 properties, of which 15 have been auctioned and 53 are in process. The matter is pending before the High Court, where stay
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The case involves CP (IB) 4578(MB)/2018 and MA 488/2019 before the National Company Law Tribunal (NCLT), Mumbai Bench. The Financial Creditor's counsel is present. A notice served to the Corporate Debtor was returned marked "LEFT", and the petitioner is directed to serve notice again through newspaper publication. SEBI is taking action against the same Corporate Debtor, and a process for the sale of attached property is underway for investor payments. A Civil Writ Petition against the Recovery officer, SEBI, has been filed, and the High Court has ordered regarding R3 company assets.
The case is CP (IB) 4578(MB)/2018 and MA 488/2019 before the NCLT Mumbai. The Financial Creditor's counsel is present. The notice served to the Corporate Debtor was returned with the remark "LEFT". The Petitioner is directed to serve notice again through newspaper publication. SEBI is taking action against the same Corporate Debtor company. The process for the sale of the attached property is going on for payment to the investors. A Civil Writ Petition against the Recovery officer, SEBI, has been filed. The High Court has ordered regarding R3 company assets, which have been auctioned to recover dues exceeding Rs. 7000 crores. Total 68 properties, of which 15 have been auctioned and 53 are in process. The matter is pending before the High Court, where stay
…Hearing of Mumbai Bench…
Case liste…