The case involves MA-1250/2019 in C.P.(IB)/1978/(MB)/2018 before the National Company Law Tribunal, Mumbai Bench. The matter concerns Shanaya Fashions V/s Zephlylr Fabrics Trading LLP. The Learned Counsel on behalf of the Resolution Professional (R.P.) has informed the court that the Information Memorandum and Expression of Interest (EOI) are yet to be prepared, as certain information is awaited from the Respondents. The last date as per the advertisement is 28.05.2019.
Shanaya Fashions initiated a case against Zephlylr Fabrics Trading LLP under Section 9 of the Insolvency and Bankruptcy Code. The Resolution Professional's counsel informed the NCLT that the Information Memorandum and Expression of Interest are yet to be prepared because certain information is awaited from the respondents. The last date as per the advertisement was 28.05.2019. The NCLT granted a 90-day extension under Section 12 of the IBC, calculated from 22.04.2019, and adjourned the matter to 03.06.2019. This extension was granted to allow the RP to complete the necessary documentation.
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The case involves MA-1250/2019 in C.P.(IB)/1978/(MB)/2018 before the National Company Law Tribunal, Mumbai Bench. The matter concerns Shanaya Fashions V/s Zephlylr Fabrics Trading LLP. The Learned Counsel on behalf of the Resolution Professional (R.P.) has informed the court that the Information Memorandum and Expression of Interest (EOI) are yet to be prepared, as certain information is awaited from the Respondents. The last date as per the advertisement is 28.05.2019.
Shanaya Fashions initiated a case against Zephlylr Fabrics Trading LLP under Section 9 of the Insolvency and Bankruptcy Code. The Resolution Professional's counsel informed the NCLT that the Information Memorandum and Expression of Interest are yet to be prepared because certain information is awaited from the respondents. The last date as per the advertisement was 28.05.2019. The NCLT granted a 90-day extension under Section 12 of the IBC, calculated from 22.04.2019, and adjourned the matter to 03.06.2019. This extension was granted to allow the RP to complete the necessary documentation.
Order sheet of the…
The last date as per…