The case involves an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted via video conference. The counsel for the petitioner, Mr. Subir Kumar, was present. There was no representation on behalf of the corporate debtor.
The State Bank of India filed a petition against Yashasvi Yarns Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. During the hearing held on August 24, 2021, the counsel for the petitioner, State Bank of India, stated that the registered office of the corporate debtor, Yashasvi Yarns Limited, is located in Silvasa, which falls under the jurisdiction of the Ahmadabad NCLT. Consequently, the petitioner sought leave to withdraw the petition with the liberty to file a fresh application in the appropriate forum. No representation was made on behalf of the corporate debtor.
Sign in to view the parties.
Hearing held on August 24, 2021, where the…
The case involves an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted via video conference. The counsel for the petitioner, Mr. Subir Kumar, was present. There was no representation on behalf of the corporate debtor.
The State Bank of India filed a petition against Yashasvi Yarns Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. During the hearing held on August 24, 2021, the counsel for the petitioner, State Bank of India, stated that the registered office of the corporate debtor, Yashasvi Yarns Limited, is located in Silvasa, which falls under the jurisdiction of the Ahmadabad NCLT. Consequently, the petitioner sought leave to withdraw the petition with the liberty to file a fresh application in the appropriate forum. No representation was made on behalf of the corporate debtor.
Hearing held on August 24, 2021, where the…