The case pertains to MA-1250/2019 in C.P.(IB)/1978/(MB)/2018 before the Mumbai Bench of the National Company Law Tribunal. The order sheet reflects the hearing proceedings on 22.04.2019. The Learned Counsel for the Resolution Professional (R.P.) informed the tribunal that the Information Memorandum and Expression of Interest (EOI) are yet to be prepared, pending receipt of certain information from the Respondents. The last date as per the advertisement is 28.05.2019.
The case involves Shanaya Fashions (Applicant) and Zephlylr Fabrics Trading LLP (Respondent). The Resolution Professional (R.P.) is in the process of preparing the Information Memorandum and Expression of Interest (EOI). However, the preparation is delayed because certain information is awaited from the Respondents. The last date as per the advertisement is 28.05.2019. The court considered the reasons assigned in the application and granted a 90-day extension under Section 12 of the IBC, calculated from 22.04.2019. The matter was adjourned to 03.06.2019.
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Hearing of Mumbai Bench…
The last date as per…
The case pertains to MA-1250/2019 in C.P.(IB)/1978/(MB)/2018 before the Mumbai Bench of the National Company Law Tribunal. The order sheet reflects the hearing proceedings on 22.04.2019. The Learned Counsel for the Resolution Professional (R.P.) informed the tribunal that the Information Memorandum and Expression of Interest (EOI) are yet to be prepared, pending receipt of certain information from the Respondents. The last date as per the advertisement is 28.05.2019.
The case involves Shanaya Fashions (Applicant) and Zephlylr Fabrics Trading LLP (Respondent). The Resolution Professional (R.P.) is in the process of preparing the Information Memorandum and Expression of Interest (EOI). However, the preparation is delayed because certain information is awaited from the Respondents. The last date as per the advertisement is 28.05.2019. The court considered the reasons assigned in the application and granted a 90-day extension under Section 12 of the IBC, calculated from 22.04.2019. The matter was adjourned to 03.06.2019.
Hearing of Mumbai Bench…
The last date as per…