The case pertains to an application filed before the National Company Law Tribunal (NCLT), Chennai. The applicant was not present during the hearing. The Tribunal had previously directed the petitioner to prove that the application was maintainable under the Insolvency and Bankruptcy Code (IBC), 2016.
The application was filed before the NCLT Chennai. The Tribunal, in an order dated 2020-11-24, directed the petitioner to demonstrate that the application was maintainable under the IBC, 2016. On the day of the hearing, the applicant was not present, and there was no representation on their behalf. Consequently, the Tribunal dismissed the application due to non-prosecution.
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The case pertains to an application filed before the National Company Law Tribunal (NCLT), Chennai. The applicant was not present during the hearing. The Tribunal had previously directed the petitioner to prove that the application was maintainable under the Insolvency and Bankruptcy Code (IBC), 2016.
The application was filed before the NCLT Chennai. The Tribunal, in an order dated 2020-11-24, directed the petitioner to demonstrate that the application was maintainable under the IBC, 2016. On the day of the hearing, the applicant was not present, and there was no representation on their behalf. Consequently, the Tribunal dismissed the application due to non-prosecution.
Hearing held on…
Tribunal directed the petitioner to prove that…
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