The case involves an application (IA(IBC)/1083/KB/2021) filed by the Operational Creditor seeking to recall an earlier order dated 02/11/2021, by which the Tribunal had dismissed CP No. 2168 /KB/2019 for default due to the Operational Creditor's non-appearance. The Tribunal had noted that the Operational Creditor had failed to appear on multiple occasions, leading to the dismissal.
M/s Bharat Overseas, the Petitioner/Operational Creditor, filed an application (IA(IBC)/1083/KB/2021) seeking to recall the order dated 02/11/2021, which dismissed CP No. 2168 /KB/2019. The initial dismissal occurred because the Operational Creditor failed to appear before the Tribunal on 15/10/2020 and subsequent dates (14/12/2020, 01/02/2021, 24/03/2021). The Tribunal noted that the Operational Creditor's absence suggested a lack of interest in pursuing the matter. The recall application was filed under Rule 48(2) of the NCLT Rules, 2016, within 30 days of the dismissal order. The Corporate Debtor is Ragni International Private Limited.
Sign in to view the parties.
The Operational…
The Operational…
Sign in to view related legal provisions.
The case involves an application (IA(IBC)/1083/KB/2021) filed by the Operational Creditor seeking to recall an earlier order dated 02/11/2021, by which the Tribunal had dismissed CP No. 2168 /KB/2019 for default due to the Operational Creditor's non-appearance. The Tribunal had noted that the Operational Creditor had failed to appear on multiple occasions, leading to the dismissal.
M/s Bharat Overseas, the Petitioner/Operational Creditor, filed an application (IA(IBC)/1083/KB/2021) seeking to recall the order dated 02/11/2021, which dismissed CP No. 2168 /KB/2019. The initial dismissal occurred because the Operational Creditor failed to appear before the Tribunal on 15/10/2020 and subsequent dates (14/12/2020, 01/02/2021, 24/03/2021). The Tribunal noted that the Operational Creditor's absence suggested a lack of interest in pursuing the matter. The recall application was filed under Rule 48(2) of the NCLT Rules, 2016, within 30 days of the dismissal order. The Corporate Debtor is Ragni International Private Limited.
The Operational…
The Operational…
Sign in to view related legal provisions.