The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel, Mr. Ahmed Chunawala, appeared through virtual hearing. The service affidavit was not filed by the petitioner despite the Tribunal's direction in its order dated 12.02.2021.
Indian Infrastructure Corporation Limited filed a petition against Shivtarana Trading Company Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel, Mr. Ahmed Chunawala, appeared for a virtual hearing. The key fact is that the petitioner failed to file the service affidavit, despite the Tribunal's order dated 12.02.2021, directing them to do so. This failure resulted in non-service of notice to the respondent, Shivtarana Trading Company Private Limited.
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The Tribunal directed…
The Tribunal dismissed the Company Petition…
The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel, Mr. Ahmed Chunawala, appeared through virtual hearing. The service affidavit was not filed by the petitioner despite the Tribunal's direction in its order dated 12.02.2021.
Indian Infrastructure Corporation Limited filed a petition against Shivtarana Trading Company Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel, Mr. Ahmed Chunawala, appeared for a virtual hearing. The key fact is that the petitioner failed to file the service affidavit, despite the Tribunal's order dated 12.02.2021, directing them to do so. This failure resulted in non-service of notice to the respondent, Shivtarana Trading Company Private Limited.
The Tribunal directed…
The Tribunal dismissed the Company Petition…