The case involves a company petition/application under IA No.1124/2019 & IA No.276,277,1120&1230/2020 & IA (IBC)/410/2021 in CP (IB) No.154/7/HDB/2019. The hearing was conducted by the National Company Law Tribunal, Hyderabad Bench, via video conference. The corporate debtor is Sai Rayalaseema Paper Mills Ltd. The petitioner is Oriental Bank of Commerce, and the respondent is also Sai Rayalaseema Paper Mills Ltd. The application is filed under Section 7 of the IBC.
The National Company Law Tribunal (NCLT), Hyderabad Bench, conducted a hearing via video conference regarding a company petition/application. The corporate debtor involved is Sai Rayalaseema Paper Mills Ltd. Oriental Bank of Commerce is the petitioner, while Sai Rayalaseema Paper Mills Ltd. is also listed as the respondent. The case is related to IA No.1124/2019, IA No.276,277,1120&1230/2020, and IA (IBC)/410/2021 in CP (IB) No.154/7/HDB/2019, filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The Hon'ble High Court of Telangana passed an order dismissing CP(IB) No.2987 & 2553/2019. A memo filed by the Promoter stated that the matter is no longer in the record. Consequently, the NCLT dismissed CP(IB) No. 154/7/HDB/2019, adhering to the High
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Hearing of National Company Law Tribunal,…
Order passed by the…
The case involves a company petition/application under IA No.1124/2019 & IA No.276,277,1120&1230/2020 & IA (IBC)/410/2021 in CP (IB) No.154/7/HDB/2019. The hearing was conducted by the National Company Law Tribunal, Hyderabad Bench, via video conference. The corporate debtor is Sai Rayalaseema Paper Mills Ltd. The petitioner is Oriental Bank of Commerce, and the respondent is also Sai Rayalaseema Paper Mills Ltd. The application is filed under Section 7 of the IBC.
The National Company Law Tribunal (NCLT), Hyderabad Bench, conducted a hearing via video conference regarding a company petition/application. The corporate debtor involved is Sai Rayalaseema Paper Mills Ltd. Oriental Bank of Commerce is the petitioner, while Sai Rayalaseema Paper Mills Ltd. is also listed as the respondent. The case is related to IA No.1124/2019, IA No.276,277,1120&1230/2020, and IA (IBC)/410/2021 in CP (IB) No.154/7/HDB/2019, filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The Hon'ble High Court of Telangana passed an order dismissing CP(IB) No.2987 & 2553/2019. A memo filed by the Promoter stated that the matter is no longer in the record. Consequently, the NCLT dismissed CP(IB) No. 154/7/HDB/2019, adhering to the High
…Hearing of National Company Law Tribunal,…
Order passed by the…