The case involves a petition before the National Company Law Tribunal (NCLT), Mumbai Bench, concerning M/s. Gupshup Technology India Pvt. Ltd. versus Tubelight Communications Ltd. The petition relates to Section 9 of the Insolvency & Bankruptcy Code, 2016. The petitioner presented Consent Terms, outlining a schedule of payments.
M/s. Gupshup Technology India Pvt. Ltd. filed a petition against Tubelight Communications Ltd. under Section 9 of the Insolvency & Bankruptcy Code, 2016. The petitioner presented Consent Terms outlining a payment schedule. The schedule includes multiple payments due on different dates, with varying amounts and settlement modes. The court noted that substantial payment was yet to be received and granted the petitioner the liberty to report any defaults. The petition was subsequently disposed of as withdrawn.
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Order sheet of the…
TCL 20190416/7492,…
The case involves a petition before the National Company Law Tribunal (NCLT), Mumbai Bench, concerning M/s. Gupshup Technology India Pvt. Ltd. versus Tubelight Communications Ltd. The petition relates to Section 9 of the Insolvency & Bankruptcy Code, 2016. The petitioner presented Consent Terms, outlining a schedule of payments.
M/s. Gupshup Technology India Pvt. Ltd. filed a petition against Tubelight Communications Ltd. under Section 9 of the Insolvency & Bankruptcy Code, 2016. The petitioner presented Consent Terms outlining a payment schedule. The schedule includes multiple payments due on different dates, with varying amounts and settlement modes. The court noted that substantial payment was yet to be received and granted the petitioner the liberty to report any defaults. The petition was subsequently disposed of as withdrawn.
Order sheet of the…
TCL 20190416/7492,…