The case involves an application (I.A) where no counter was filed. The ground for the application is a lack of communication between the advocate appearing for the Operational Creditor and the party.
The application IA(IB)/62/2022 was filed in CP(IB)No.30/9/AMR/2020. No counter was filed against the application. The basis for the application was the absence of communication between the advocate representing the Operational Creditor and the party involved. The court found this sufficient to allow the application, aiming to resolve the matter on its merits. A cost of Rs.5,000/- was imposed, payable to the Ministry of Corporate Affairs, Government of India, with a deadline tied to the next hearing date. Failure to pay would result in the dismissal of the Company Petition. The next hearing was scheduled for 11.07.2022.
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The case involves an application (I.A) where no counter was filed. The ground for the application is a lack of communication between the advocate appearing for the Operational Creditor and the party.
The application IA(IB)/62/2022 was filed in CP(IB)No.30/9/AMR/2020. No counter was filed against the application. The basis for the application was the absence of communication between the advocate representing the Operational Creditor and the party involved. The court found this sufficient to allow the application, aiming to resolve the matter on its merits. A cost of Rs.5,000/- was imposed, payable to the Ministry of Corporate Affairs, Government of India, with a deadline tied to the next hearing date. Failure to pay would result in the dismissal of the Company Petition. The next hearing was scheduled for 11.07.2022.
Hearing he…
Matter list…
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