# In the matter of Scorodite Stainless India Pvt.  Ltd. T.C.P. No. 663-(MAH)-2017

> NCLT judgment dated 2017-09-04. Citation: TCN-2017-NCLT-00480. The case pertains to T.C.P No. 663/(MAH)/2017 before the National Company Law Tribunal, Mumbai…

- **Court:** NCLT
- **Order date:** 4 Sept 2017
- **Citation:** TCN-2017-NCLT-00480
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/scorodite-stainless-india-pvt-ltd-tcp-no-663-mah-2017-17dba8bb

## Summary

### Background

The case pertains to T.C.P No. 663/(MAH)/2017 before the National Company Law Tribunal, Mumbai Bench. The hearing was held on 04.09.2017. The parties involved are Optima Stainless Pvt.Ltd. as the petitioner and Scorodite Stainless India Pvt.Ltd. as the respondent.

## Facts

The case involves Optima Stainless Pvt.Ltd. and Scorodite Stainless India Pvt.Ltd. before the NCLT Mumbai Bench. The petitioner, Optima Stainless Pvt.Ltd., failed to file the required form as per the notification dated 29.06.2017. This failure led to the abatement of the petition. The notification's requirement is crucial because it outlines the necessary steps for the petitioner to proceed with their case. The court's decision to abate the petition highlights the importance of adhering to procedural requirements.

## Issues and analysis

### Issue 1: Whether the petition should be abated due to the petitioner's failure to file the required form as …

**Ratio:** The legal principle applied is that failure to comply with procedural requirements, such

…

**Reasoning:** The court reasoned that the petitioner's failure to file the required form, as mentioned

…

**Interpretation:** The interpretation is that procedural rules and notifications issued by the

…

**Application:** In this specific case, the petitioner's failure to file the required form

…

## Parties

- **Judges:** B.S.V. Prakash…; V. Nallasen…
- **Appellants:** Optima Stainless…
- **Respondents:** Scorodite…

## Timeline

- **2017-06-29 — Notificatio…**: Date of the notification mentioning the…
- **2017-09-04 — Hearing…**: Hearing of the Mumbai Bench of the…

---

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/scorodite-stainless-india-pvt-ltd-tcp-no-663-mah-2017-17dba8bb