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/- as cost, as per the order dated 2022-06-28.
The Operational Creditor, CCI Logistics Ltd, filed a Company Petition (CP (IB) No. 2687 of 2019) against VHB Medi Sciences Ltd. On 2022-06-28, the court allowed the Operational Creditor to submit an Additional Affidavit, contingent upon payment of Rs. 25,000/- as cost. However, the Operational Creditor failed to provide proof of payment and did not submit the Additional Affidavit with the necessary documents. During the hearing on 2022-09-29, the Operational Creditor was absent. The Corporate Debtor's counsel was present. The court noted the Operational Creditor's lack of interest in pursuing the claim and disposed of the petition for want of prosecution.
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Operational Creditor was allowed to place on…
Hearing was held, but the Operational Creditor…
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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/- as cost, as per the order dated 2022-06-28.
The Operational Creditor, CCI Logistics Ltd, filed a Company Petition (CP (IB) No. 2687 of 2019) against VHB Medi Sciences Ltd. On 2022-06-28, the court allowed the Operational Creditor to submit an Additional Affidavit, contingent upon payment of Rs. 25,000/- as cost. However, the Operational Creditor failed to provide proof of payment and did not submit the Additional Affidavit with the necessary documents. During the hearing on 2022-09-29, the Operational Creditor was absent. The Corporate Debtor's counsel was present. The court noted the Operational Creditor's lack of interest in pursuing the claim and disposed of the petition for want of prosecution.
Operational Creditor was allowed to place on…
Hearing was held, but the Operational Creditor…
Sign in to view related legal provisions.