The case involves IA (IBC) 708/2021 in CP(IB) No.673/7/HDB/2019 filed under Section 7 of the IBC, 2016. The matter pertains to Bank of India as the Financial Creditor and ECI Infra Towers Company Pvt Ltd as the Corporate Debtor. The respondents filed affidavits expressing respect for the Adjudicating Authority and apologizing for any unintentional non-compliance with its orders.
Bank of India is the Financial Creditor. ECI Infra Towers Company Pvt Ltd is the Corporate Debtor. The case is regarding an application under Section 7 of the IBC, 2016. The respondents filed affidavits expressing respect for the Adjudicating Authority and apologizing for any unintentional non-compliance with its orders. The court considered the affidavits and the Supreme Court's ruling on accepting apologies. The court was convinced that the non-compliance was not intentional or wilful and that there was no intention to damage the reputation of the Tribunal. The relevance of the facts lies in determining whether the apology should be accepted and the respondents discharged from the proceedings.
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Attendance cum order…
The record and the sworn affidavit of the…
The case involves IA (IBC) 708/2021 in CP(IB) No.673/7/HDB/2019 filed under Section 7 of the IBC, 2016. The matter pertains to Bank of India as the Financial Creditor and ECI Infra Towers Company Pvt Ltd as the Corporate Debtor. The respondents filed affidavits expressing respect for the Adjudicating Authority and apologizing for any unintentional non-compliance with its orders.
Bank of India is the Financial Creditor. ECI Infra Towers Company Pvt Ltd is the Corporate Debtor. The case is regarding an application under Section 7 of the IBC, 2016. The respondents filed affidavits expressing respect for the Adjudicating Authority and apologizing for any unintentional non-compliance with its orders. The court considered the affidavits and the Supreme Court's ruling on accepting apologies. The court was convinced that the non-compliance was not intentional or wilful and that there was no intention to damage the reputation of the Tribunal. The relevance of the facts lies in determining whether the apology should be accepted and the respondents discharged from the proceedings.
Attendance cum order…
The record and the sworn affidavit of the…