The case pertains to an application filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant, Satya Narain Garg & Ors., initiated proceedings against the respondent, M/s. Ferrous Townships Pvt Ltd. for an unspecified reason. Despite repeated calls and previous hearing dates, the applicant failed to appear before the National Company Law Tribunal (NCLT), New Delhi Bench.
Satya Narain Garg & Ors. filed a petition against M/s. Ferrous Townships Pvt Ltd. under Section 7 of the IBC, 2016. The case was heard by the National Company Law Tribunal (NCLT), New Delhi Bench. The applicant, Satya Narain Garg & Ors., failed to appear for the hearing despite repeated calls. The applicant was also absent on previous hearing dates, specifically on 2022-04-25 and 2022-05-27. The court interpreted the applicant's absence as a lack of interest in pursuing the matter. Consequently, the court dismissed the petition for want of prosecution.
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The applicant was…
The applicant was…
The case pertains to an application filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant, Satya Narain Garg & Ors., initiated proceedings against the respondent, M/s. Ferrous Townships Pvt Ltd. for an unspecified reason. Despite repeated calls and previous hearing dates, the applicant failed to appear before the National Company Law Tribunal (NCLT), New Delhi Bench.
Satya Narain Garg & Ors. filed a petition against M/s. Ferrous Townships Pvt Ltd. under Section 7 of the IBC, 2016. The case was heard by the National Company Law Tribunal (NCLT), New Delhi Bench. The applicant, Satya Narain Garg & Ors., failed to appear for the hearing despite repeated calls. The applicant was also absent on previous hearing dates, specifically on 2022-04-25 and 2022-05-27. The court interpreted the applicant's absence as a lack of interest in pursuing the matter. Consequently, the court dismissed the petition for want of prosecution.
The applicant was…
The applicant was…