The case involves IAs 124, 472, and 495 of 2018, which are listed before the National Company Law Tribunal (NCLT), Hyderabad Bench. IA 495/2018 has the counsel for the applicant present, and IA 472 has the counsel for the Resolution Professional (RP) present. The RP is also present. The counsel for the Directors (Suspended Board) sought to file objections/impleading applications in both IAs.
The National Company Law Tribunal (NCLT), Hyderabad Bench, heard IAs 124, 472, and 495 of 2018 in connection with CP(IB) No. 49/7/HDB/2017. The company involved is United Seamless Tubular Pvt Ltd, with Indian Bank as the petitioner and United Seamless Tubular Pvt Ltd as the respondent. The case is under Section 7 of the Insolvency and Bankruptcy Code (IBC). The counsel for the Directors (Suspended Board) wanted to file objections/impleading applications in both IAs. The Resolution Professional (RP) strongly opposed the adjournment, highlighting that the Committee of Creditors (CoC) had approved the same plan that was earlier approved. The matter is listed for filing objections or impleading applications on 08.11.2018.
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CP(IB) No.49/7/…
Hearing held on…
The case involves IAs 124, 472, and 495 of 2018, which are listed before the National Company Law Tribunal (NCLT), Hyderabad Bench. IA 495/2018 has the counsel for the applicant present, and IA 472 has the counsel for the Resolution Professional (RP) present. The RP is also present. The counsel for the Directors (Suspended Board) sought to file objections/impleading applications in both IAs.
The National Company Law Tribunal (NCLT), Hyderabad Bench, heard IAs 124, 472, and 495 of 2018 in connection with CP(IB) No. 49/7/HDB/2017. The company involved is United Seamless Tubular Pvt Ltd, with Indian Bank as the petitioner and United Seamless Tubular Pvt Ltd as the respondent. The case is under Section 7 of the Insolvency and Bankruptcy Code (IBC). The counsel for the Directors (Suspended Board) wanted to file objections/impleading applications in both IAs. The Resolution Professional (RP) strongly opposed the adjournment, highlighting that the Committee of Creditors (CoC) had approved the same plan that was earlier approved. The matter is listed for filing objections or impleading applications on 08.11.2018.
CP(IB) No.49/7/…
Hearing held on…