The case pertains to a company petition filed under the Insolvency & Bankruptcy Code 2016. The matter was transferred from the High Court of Bombay, relating to provisions of Section 433(e) and 434 of the Companies Act, 1956. The petitioner/creditor was absent despite multiple opportunities, leading to the dismissal of the petition.
The case involves a company petition before the National Company Law Tribunal (NCLT), Mumbai Bench. The petition, TCP 218/I&BP/N-CLT/MB/MAH/2017, concerns M/s. Viewcraft India Private Limited and M/s. Pancard Clubs Limited. The matter was transferred from the High Court of Bombay and relates to provisions of 433(e) and 434 of the Companies Act, 1956. The petitioner/creditor was absent despite multiple opportunities to appear. The court emphasized the procedure of intimation, which includes uploading the cause list on the NCLT site, displaying directions given on hearing, and displaying the status of the cause list with the next date of hearing. Due to the petitioner's absence, the court dismissed the matter for want of prosecution. A notification dated 29.06.2017
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The matter was transferred from the Hon'ble…
Notification [F.NO. 1/5/2016-CL-V] (GSR…
The case pertains to a company petition filed under the Insolvency & Bankruptcy Code 2016. The matter was transferred from the High Court of Bombay, relating to provisions of Section 433(e) and 434 of the Companies Act, 1956. The petitioner/creditor was absent despite multiple opportunities, leading to the dismissal of the petition.
The case involves a company petition before the National Company Law Tribunal (NCLT), Mumbai Bench. The petition, TCP 218/I&BP/N-CLT/MB/MAH/2017, concerns M/s. Viewcraft India Private Limited and M/s. Pancard Clubs Limited. The matter was transferred from the High Court of Bombay and relates to provisions of 433(e) and 434 of the Companies Act, 1956. The petitioner/creditor was absent despite multiple opportunities to appear. The court emphasized the procedure of intimation, which includes uploading the cause list on the NCLT site, displaying directions given on hearing, and displaying the status of the cause list with the next date of hearing. Due to the petitioner's absence, the court dismissed the matter for want of prosecution. A notification dated 29.06.2017
…The matter was transferred from the Hon'ble…
Notification [F.NO. 1/5/2016-CL-V] (GSR…