M/s. Indus Marketing, an operational creditor, filed a petition (C.P.(IB)No.258/BB/2019) under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. Warm Gears Pvt. Ltd, the corporate debtor. The alleged default amount was Rs. 3,98,673. The petition was filed on 2019-05-24. The Registry raised certain office objections, which were communicated to the petitioner's counsel via email on 2019-05-29. The petitioner failed to comply with these objections within the given timeframe. The case was listed on 2019-07-01 for non-compliance, but neither the petitioner nor their counsel appeared before the Tribunal. Consequently, the case was posted for dismissal.

M/s. Indus Marketing, an operational creditor, filed a petition (C.P.(IB)No.258/BB/2019) under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. Warm Gears Pvt. Ltd, the corporate debtor. The alleged default amount was Rs. 3,98,673. The petition was filed on 2019-05-24. The Registry raised certain office objections, which were communicated to the petitioner's counsel via email on 2019-05-29. The petitioner failed to comply with these objections within the given timeframe. The case was listed on 2019-07-01 for non-compliance, but neither the petitioner nor their counsel appeared before the Tribunal. Consequently, the case was posted for dismissal.