The case pertains to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The Financial Creditor initiated the application. Despite service of e-notice by the Court Officer to the Financial Creditor, no one was present at the time of the virtual hearing. On a previous occasion, it was made clear that if the Financial Creditor fails to appear on the next date of hearing, the Section 7 application would be dismissed.
The Financial Creditor filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Court Officer served an e-notice to the Financial Creditor regarding the virtual hearing. On 2022-07-06, the court warned that the Section 7 application would be dismissed if the Financial Creditor failed to appear on the next hearing date. On 2022-08-01, no one representing the Financial Creditor was present at the virtual hearing. Consequently, the court dismissed the Section 7 application.
Sign in to view the parties.
The court warned that the Section 7…
The court dismissed the Section 7…
The case pertains to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The Financial Creditor initiated the application. Despite service of e-notice by the Court Officer to the Financial Creditor, no one was present at the time of the virtual hearing. On a previous occasion, it was made clear that if the Financial Creditor fails to appear on the next date of hearing, the Section 7 application would be dismissed.
The Financial Creditor filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Court Officer served an e-notice to the Financial Creditor regarding the virtual hearing. On 2022-07-06, the court warned that the Section 7 application would be dismissed if the Financial Creditor failed to appear on the next hearing date. On 2022-08-01, no one representing the Financial Creditor was present at the virtual hearing. Consequently, the court dismissed the Section 7 application.
The court warned that the Section 7…
The court dismissed the Section 7…