The case involves an application (IA 1170/NCLT/AHM/2023) filed in relation to an application (IA No.5 of 2020) concerning preferential and fraudulent transactions. The applicant, Archit Organosys Limited, seeks to file a reply to the allegations made by the Resolution Professional (RP) of Gopala Polyplast Ltd. The applicant claims they were under the impression that a reply had been filed by their advocate, but it was not. They argue that they are not part of the alleged transactions and need to protect their interests.
Archit Organosys Limited filed an application (IA 1170/NCLT/AHM/2023) in relation to IA No.5 of 2020, which concerns preferential and fraudulent transactions involving Gopala Polyplast Ltd., where Mr. Vikas G. Jain is the Resolution Professional (RP). Archit Organosys Limited claims that they instructed an advocate to file a reply to the allegations made by the RP, but the advocate failed to do so. Archit Organosys Limited asserts that they are not involved in the alleged transactions and that their interests need to be protected. The RP did not file any reply. The applicant failed to file reply within time, the matter was unnecessarily prolonged.
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Resolution Professional (RP) filed an…
Archit Organosys Limited filed an application…
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The case involves an application (IA 1170/NCLT/AHM/2023) filed in relation to an application (IA No.5 of 2020) concerning preferential and fraudulent transactions. The applicant, Archit Organosys Limited, seeks to file a reply to the allegations made by the Resolution Professional (RP) of Gopala Polyplast Ltd. The applicant claims they were under the impression that a reply had been filed by their advocate, but it was not. They argue that they are not part of the alleged transactions and need to protect their interests.
Archit Organosys Limited filed an application (IA 1170/NCLT/AHM/2023) in relation to IA No.5 of 2020, which concerns preferential and fraudulent transactions involving Gopala Polyplast Ltd., where Mr. Vikas G. Jain is the Resolution Professional (RP). Archit Organosys Limited claims that they instructed an advocate to file a reply to the allegations made by the RP, but the advocate failed to do so. Archit Organosys Limited asserts that they are not involved in the alleged transactions and that their interests need to be protected. The RP did not file any reply. The applicant failed to file reply within time, the matter was unnecessarily prolonged.
Resolution Professional (RP) filed an…
Archit Organosys Limited filed an application…
Sign in to view related legal provisions.