The case pertains to a Company Petition/Application filed under the Insolvency and Bankruptcy Code (IBC). The Financial Creditor, represented by D. Bala, sought to initiate insolvency proceedings against Ramky Infrastructure Ltd. The hearing was conducted via video conference by the National Company Law Tribunal (NCLT), Hyderabad Bench.
Indian Overseas Bank filed a Company Petition/Application (CP (IB)/84/7/HDB/2020) under Section 7 of the Insolvency and Bankruptcy Code (IBC) against Ramky Infrastructure Ltd. D. Bala, the learned counsel for the Financial Creditor (Indian Overseas Bank), appeared in person before the National Company Law Tribunal (NCLT), Hyderabad Bench. During the hearing held on September 1, 2022, the Financial Creditor instructed its counsel to withdraw the application. Consequently, the NCLT dismissed the application as withdrawn.
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Hearing of National Company Law Tribunal,…
The case pertains to a Company Petition/Application filed under the Insolvency and Bankruptcy Code (IBC). The Financial Creditor, represented by D. Bala, sought to initiate insolvency proceedings against Ramky Infrastructure Ltd. The hearing was conducted via video conference by the National Company Law Tribunal (NCLT), Hyderabad Bench.
Indian Overseas Bank filed a Company Petition/Application (CP (IB)/84/7/HDB/2020) under Section 7 of the Insolvency and Bankruptcy Code (IBC) against Ramky Infrastructure Ltd. D. Bala, the learned counsel for the Financial Creditor (Indian Overseas Bank), appeared in person before the National Company Law Tribunal (NCLT), Hyderabad Bench. During the hearing held on September 1, 2022, the Financial Creditor instructed its counsel to withdraw the application. Consequently, the NCLT dismissed the application as withdrawn.
Hearing of National Company Law Tribunal,…