The case involves a hearing before the Mumbai Bench of the National Company Law Tribunal (NCLT) concerning CP.(IB) 490/(MB)/2018 and MA 870/2019. The original applicant is Andhra Bank, and the respondent is Sterling Biotech Limited. The hearing took place on March 26, 2019.
Andhra Bank is the original applicant in the case CP.(IB) 490/(MB)/2018 and MA 870/2019 before the Mumbai Bench of the National Company Law Tribunal (NCLT). Sterling Biotech Limited is the respondent. During the hearing on March 26, 2019, Shri Ramakantha, representing the Central Government, requested time to make a representation. The Enforcement Directorate filed objections, which were taken on record. SEBI filed an unsigned representation, which was not taken on record. The court granted two weeks for filing a reply and listed the matter for further hearing on April 26, 2019. The case is related to Section 7 of the Insolvency & Bankruptcy Code, 2016.
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Hearing of CP.(IB)…
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The case involves a hearing before the Mumbai Bench of the National Company Law Tribunal (NCLT) concerning CP.(IB) 490/(MB)/2018 and MA 870/2019. The original applicant is Andhra Bank, and the respondent is Sterling Biotech Limited. The hearing took place on March 26, 2019.
Andhra Bank is the original applicant in the case CP.(IB) 490/(MB)/2018 and MA 870/2019 before the Mumbai Bench of the National Company Law Tribunal (NCLT). Sterling Biotech Limited is the respondent. During the hearing on March 26, 2019, Shri Ramakantha, representing the Central Government, requested time to make a representation. The Enforcement Directorate filed objections, which were taken on record. SEBI filed an unsigned representation, which was not taken on record. The court granted two weeks for filing a reply and listed the matter for further hearing on April 26, 2019. The case is related to Section 7 of the Insolvency & Bankruptcy Code, 2016.
Hearing of CP.(IB)…
Matter list…