# In the matter of Revmax Telecom Infrastructures Private Limited

> NCLT judgment dated 2023-10-10. Citation: TCN-2023-NCLT-01323. The case pertains to an application under the IBC (Insolvency and Bankruptcy Code) under…

- **Court:** NCLT
- **Order date:** 10 Oct 2023
- **Citation:** TCN-2023-NCLT-01323
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/revmax-telecom-infrastructures-private-limited-8006327d

## Summary

### Background

The case pertains to an application under the IBC (Insolvency and Bankruptcy Code) under Section 9. The Operational Creditor (OC) has been absent from proceedings after 2023-02-13. The conduct of the OC suggests a lack of interest in pursuing the matter.

## Facts

The Operational Creditor (OC) in the case, M/S Deekay Electricals - Partnership Firm, has been consistently absent from the proceedings after February 13, 2023. This absence has led the court to infer a lack of interest on the part of the OC in pursuing the matter. The Corporate Debtor (CD) is Revmax Telecom Infrastructures Private Limited, represented by Adv. Hindavi Ludbe i/b Adv. Rahul Karnik. The application was filed under Section 9 of the IBC.

## Issues and analysis

### Issue 1: Whether the application should be dismissed due to the Operational Creditor's absence and lack of …

**Ratio:** The legal principle applied is that a party's consistent absence and demonstrated lack of

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**Reasoning:** The court reasoned that the OC's absence after 2023-02-13 and their conduct clearly

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**Interpretation:** This interpretation suggests that the court expects active participation from

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**Application:** Given the OC's consistent absence and apparent lack of interest, the court

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## Parties

- **Judges:** SANJIV…; K. R. SAJI…
- **Appellants:** M/S Deekay…
- **Respondents:** Revmax Telecom…

## Timeline

- **2023-02-13 — OC Absen…**: The Operational Creditor (OC) has been…
- **2023-10-10 — Order Shee…**: Order sheet of hearing…

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