# In the matter of Sai Bandhan Infinum Pvt. Ltd. CP(IB) 119-2020

> NCLT judgment dated 2020-08-19. Citation: TCN-2020-NCLT-00826. The case pertains to CP(IB) 119 of 2020 before the Ahmedabad Bench of the National Company Law…

- **Court:** NCLT
- **Order date:** 19 Aug 2020
- **Citation:** TCN-2020-NCLT-00826
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/sai-bandhan-infinum-pvt-ltd-cpib-119-2020-0547331f

## Summary

### Background

The case pertains to CP(IB) 119 of 2020 before the Ahmedabad Bench of the National Company Law Tribunal. The matter was heard through video conferencing. The case involves Aries Industries V/s Sai Bandhan Infinum Pvt Ltd.

## Facts

The case involves Aries Industries as the applicant and Sai Bandhan Infinum Pvt Ltd. The matter was heard by the Ahmedabad Bench of the National Company Law Tribunal. The case was disposed of as withdrawn based on an order dated 16.06.2020. Counsels Mr. Tirth Nayak and Mr. Ankit Talsania appeared for the Operational Creditor.

## Parties

- **Judges:** Madan B.…; Virendra Kumar…
- **Appellants:** Aries Indu…
- **Respondents:** Sai Bandhan…

## Timeline

- **2020-06-16 — Order Da…**: Order issued to dispose of…
- **2020-08-19 — Hearing…**: Attendance-cum-order sheet of the hearing through video conferencing before the Ahmedabad…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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