The case pertains to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The Financial Creditor initiated the application, but no one appeared on their behalf during the virtual hearing despite the service of e-notice by the Court Officer. On a previous occasion, 06.07.2022, it was communicated that the Section 7 application would be dismissed if the Financial Creditor failed to appear on the next hearing date.
The Financial Creditor filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Court Officer served an e-notice for a virtual hearing. On 06.07.2022, the court warned that the Section 7 application would be dismissed if the Financial Creditor failed to appear on the next hearing date. On the date of the hearing, no one appeared on behalf of the Financial Creditor. As a result, the court dismissed the Section 7 application.
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The court warned that the Section 7…
The court dismissed the Section 7 application…
The case pertains to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The Financial Creditor initiated the application, but no one appeared on their behalf during the virtual hearing despite the service of e-notice by the Court Officer. On a previous occasion, 06.07.2022, it was communicated that the Section 7 application would be dismissed if the Financial Creditor failed to appear on the next hearing date.
The Financial Creditor filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Court Officer served an e-notice for a virtual hearing. On 06.07.2022, the court warned that the Section 7 application would be dismissed if the Financial Creditor failed to appear on the next hearing date. On the date of the hearing, no one appeared on behalf of the Financial Creditor. As a result, the court dismissed the Section 7 application.
The court warned that the Section 7…
The court dismissed the Section 7 application…