The case pertains to C.P. (I.B) No.814/NCLT/AHM/2019 before the National Company Law Tribunal (NCLT), Ahmedabad Bench. The hearing took place on June 11, 2020. The applicant is Khyati Hiren Patel, Proprietor of Khaalin Implex, and the respondent is Vicor Stainles Pvt Ltd. The application was filed under Section 9 of the Insolvency and Bankruptcy Code.
Khyati Hiren Patel, Proprietor of Khaalin Implex, filed an application against Vicor Stainles Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code. During the hearing on June 11, 2020, both parties submitted that an application under Section 9 of the IB Code had already been admitted against the same Corporate Debtor on March 12, 2020, in CP(IB) No. 98/2020. Because of this prior admission, the court deemed the instant application infructuous.
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An application under Section 9 of the IB Code…
Hearing of the case…
The case pertains to C.P. (I.B) No.814/NCLT/AHM/2019 before the National Company Law Tribunal (NCLT), Ahmedabad Bench. The hearing took place on June 11, 2020. The applicant is Khyati Hiren Patel, Proprietor of Khaalin Implex, and the respondent is Vicor Stainles Pvt Ltd. The application was filed under Section 9 of the Insolvency and Bankruptcy Code.
Khyati Hiren Patel, Proprietor of Khaalin Implex, filed an application against Vicor Stainles Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code. During the hearing on June 11, 2020, both parties submitted that an application under Section 9 of the IB Code had already been admitted against the same Corporate Debtor on March 12, 2020, in CP(IB) No. 98/2020. Because of this prior admission, the court deemed the instant application infructuous.
An application under Section 9 of the IB Code…
Hearing of the case…