The case involves a Company Petition bearing CP (IB) No. 2687 of 2019. The Operational Creditor was allowed to place on record an Additional Affidavit subject to the payment of Rs. 25,000/- by order dated 2022-06-28. However, the applicant neither placed proof of payment nor the additional affidavit with documents on record.
The Operational Creditor, CCI Logistics Ltd, filed a Company Petition (CP (IB) No. 2687 of 2019) against VHB Medi Sciences Ltd. By order dated 2022-06-28, the Operational Creditor was granted permission to submit an additional affidavit, contingent upon payment of Rs. 25,000/-. However, the Operational Creditor failed to provide proof of payment or submit the additional affidavit with supporting documents. During the hearing on 2022-09-29, no one was present on behalf of the Operational Creditor. The Corporate Debtor's counsel was present. The court concluded that the Operational Creditor was no longer interested in pursuing the claim.
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Operational Creditor allowed to place on record…
Hearing held; no one present for the…
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The case involves a Company Petition bearing CP (IB) No. 2687 of 2019. The Operational Creditor was allowed to place on record an Additional Affidavit subject to the payment of Rs. 25,000/- by order dated 2022-06-28. However, the applicant neither placed proof of payment nor the additional affidavit with documents on record.
The Operational Creditor, CCI Logistics Ltd, filed a Company Petition (CP (IB) No. 2687 of 2019) against VHB Medi Sciences Ltd. By order dated 2022-06-28, the Operational Creditor was granted permission to submit an additional affidavit, contingent upon payment of Rs. 25,000/-. However, the Operational Creditor failed to provide proof of payment or submit the additional affidavit with supporting documents. During the hearing on 2022-09-29, no one was present on behalf of the Operational Creditor. The Corporate Debtor's counsel was present. The court concluded that the Operational Creditor was no longer interested in pursuing the claim.
Operational Creditor allowed to place on record…
Hearing held; no one present for the…
Sign in to view related legal provisions.