The case pertains to CP(IB) 293 of 2019 before the Ahmedabad Bench of the National Company Law Tribunal. The matter was heard through video conferencing on December 1, 2020. The operational creditor, Aakash Gases Pvt Ltd, initiated proceedings under Section 9 of the Insolvency and Bankruptcy Code against Steel India Infrastructures Pvt Ltd.
Aakash Gases Pvt Ltd, the operational creditor, filed CP(IB) 293 of 2019 against Steel India Infrastructures Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code. The case was heard through video conferencing on December 1, 2020, before the Ahmedabad Bench of the National Company Law Tribunal. The operational creditor failed to appear for four consecutive dates. Due to the operational creditor's absence, the tribunal inferred a lack of interest in pursuing the matter.
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The case was heard through video conferencing…
The operational creditor, Aakash Gases Pvt…
The case pertains to CP(IB) 293 of 2019 before the Ahmedabad Bench of the National Company Law Tribunal. The matter was heard through video conferencing on December 1, 2020. The operational creditor, Aakash Gases Pvt Ltd, initiated proceedings under Section 9 of the Insolvency and Bankruptcy Code against Steel India Infrastructures Pvt Ltd.
Aakash Gases Pvt Ltd, the operational creditor, filed CP(IB) 293 of 2019 against Steel India Infrastructures Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code. The case was heard through video conferencing on December 1, 2020, before the Ahmedabad Bench of the National Company Law Tribunal. The operational creditor failed to appear for four consecutive dates. Due to the operational creditor's absence, the tribunal inferred a lack of interest in pursuing the matter.
The case was heard through video conferencing…
The operational creditor, Aakash Gases Pvt…