The operational creditor, Andritz Hydro Private Limited, filed a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC) against the corporate debtor, Tangnu Romai Power Generation Private Limited, alleging default of operational debt. The pleadings were completed, and the main petition was listed for hearing.
Andritz Hydro Private Limited, the operational creditor, initiated proceedings under Section 9 of the IBC against Tangnu Romai Power Generation Private Limited, the corporate debtor, alleging a default in operational debt. The registered office of Tangnu Romai Power Generation Private Limited is located in Shimla, Himachal Pradesh. The NCLT Hyderabad Bench was hearing the matter. Both counsels informed the Tribunal that the registered office of the Corporate Debtor is in Shimla, which falls outside the jurisdiction of the Hyderabad NCLT. The petition had not yet been admitted.
Sign in to view the parties.
Counsel for Operational Creditor and Counsel…
Orders passed vide separate orders. Memo is…
The operational creditor, Andritz Hydro Private Limited, filed a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC) against the corporate debtor, Tangnu Romai Power Generation Private Limited, alleging default of operational debt. The pleadings were completed, and the main petition was listed for hearing.
Andritz Hydro Private Limited, the operational creditor, initiated proceedings under Section 9 of the IBC against Tangnu Romai Power Generation Private Limited, the corporate debtor, alleging a default in operational debt. The registered office of Tangnu Romai Power Generation Private Limited is located in Shimla, Himachal Pradesh. The NCLT Hyderabad Bench was hearing the matter. Both counsels informed the Tribunal that the registered office of the Corporate Debtor is in Shimla, which falls outside the jurisdiction of the Hyderabad NCLT. The petition had not yet been admitted.
Counsel for Operational Creditor and Counsel…
Orders passed vide separate orders. Memo is…