The case pertains to an application filed under the Insolvency and Bankruptcy Code (IBC). The order sheet reflects the hearing of the Mumbai Bench of the National Company Law Tribunal (NCLT) on April 8, 2019. The matter involves Jay Enterprises versus Unique Sugars Ltd.
Jay Enterprises filed a petition against Unique Sugars Ltd. The National Company Law Tribunal (NCLT), Mumbai Bench, heard the case on April 8, 2019. It was found that another case, C.P.No.128/2018, against Unique Sugars Limited had already been admitted under Section 9 of the Insolvency and Bankruptcy Code (I&B Code). In that case, Mr. Javadsha K. Vasa was appointed as the Interim Resolution Professional (IRP) on February 28, 2019. Given the existing proceedings and the appointment of an IRP, the current petition filed by Jay Enterprises was deemed redundant.
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Hearing of the Mumbai Bench of the National…
Mr. Javadsha K. Vasa appointed as…
The case pertains to an application filed under the Insolvency and Bankruptcy Code (IBC). The order sheet reflects the hearing of the Mumbai Bench of the National Company Law Tribunal (NCLT) on April 8, 2019. The matter involves Jay Enterprises versus Unique Sugars Ltd.
Jay Enterprises filed a petition against Unique Sugars Ltd. The National Company Law Tribunal (NCLT), Mumbai Bench, heard the case on April 8, 2019. It was found that another case, C.P.No.128/2018, against Unique Sugars Limited had already been admitted under Section 9 of the Insolvency and Bankruptcy Code (I&B Code). In that case, Mr. Javadsha K. Vasa was appointed as the Interim Resolution Professional (IRP) on February 28, 2019. Given the existing proceedings and the appointment of an IRP, the current petition filed by Jay Enterprises was deemed redundant.
Hearing of the Mumbai Bench of the National…
Mr. Javadsha K. Vasa appointed as…