# In the matter of Sahara Device Ltd. CP No. (IB) 201-ALD-2019

> Read the full IBC case summary for In the matter of Sahara Device Ltd. CP No. (IB) 201-ALD-2019. NCLT judgment dated 2022-05-04. Citation: TCN-2022-NCLT-04857.

- **Court:** NCLT
- **Order date:** 4 May 2022
- **Citation:** TCN-2022-NCLT-04857
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/sahara-device-ltd-cp-no-ib-201-ald-2019-768c2e19

## Summary

### Background

The matter was listed for hearing on multiple dates, but the operational creditor failed to appear, indicating a lack of interest in pursuing the company petition.

## Facts

The case, CP No. (IB) 201/ALD/2019, involved an application filed under section 9 of the IBC by Praveen Kumar Saxena against Sahara Service Ltd. The matter was scheduled for hearing before the National Company Law Tribunal, Allahabad Bench, Prayagraj, on several occasions.

The operational creditor, Praveen Kumar Saxena, failed to appear before the Tribunal on three separate dates: February 23, 2022, April 5, 2022, and May 4, 2022. This consistent absence led the Tribunal to infer that the operational creditor was not interested in pursuing the company petition. There was also no representation on behalf of the corporate debtor, Sahara Service Ltd.

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## Parties

- **Judges:** Rajasekha…; Virendra Kumar…
- **Advocates:** For the Operationa…

## Timeline

- **February 23, 2022 — Hearing…**: The matter was called for hearing, but there was no representation from the operational…
- **April 5, 2022 — Hearing…**: The matter was called for hearing, but there was no representation from the operational…

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This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclt-chandigarh/sahara-device-ltd-cp-no-ib-201-ald-2019-768c2e19