The Successful Resolution Applicant (SRA) filed applications seeking specific reliefs for the implementation of the resolution plan. Notices were issued, but service was not completed in all cases. The SRA requested the respondents to be set ex-parte to effectively implement the plan. The respondents, including the GST Department, Tehsildar Lucknow, and Commercial Tax Department Lucknow, did not appear. The court is verifying whether service was properly effected on the respondents before proceeding ex-parte.
ICICI Bank Ltd. filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (CIRP) against VIL Ltd. The Successful Resolution Applicant (SRA) filed multiple IAs (IA-2015/2022, IA-2762/2022, IA-2763/2022, IA-4768/2022, IA-5415/2022) seeking specific reliefs for the implementation of the resolution plan. Notices were issued in these IAs, but service was not completed in all cases. The respondents, including GST Department, Tehsildar Lucknow, and Commercial Tax Department Lucknow, did not appear. The petitioner's counsel requested time to verify if all respondents were served. IA-2367/2020 was dismissed for non-prosecution because no one appeared for the petitioner, and no steps were taken after the substitution of the applicant RP by SBI was allowed.
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IA-2015/2022,…
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The Successful Resolution Applicant (SRA) filed applications seeking specific reliefs for the implementation of the resolution plan. Notices were issued, but service was not completed in all cases. The SRA requested the respondents to be set ex-parte to effectively implement the plan. The respondents, including the GST Department, Tehsildar Lucknow, and Commercial Tax Department Lucknow, did not appear. The court is verifying whether service was properly effected on the respondents before proceeding ex-parte.
ICICI Bank Ltd. filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (CIRP) against VIL Ltd. The Successful Resolution Applicant (SRA) filed multiple IAs (IA-2015/2022, IA-2762/2022, IA-2763/2022, IA-4768/2022, IA-5415/2022) seeking specific reliefs for the implementation of the resolution plan. Notices were issued in these IAs, but service was not completed in all cases. The respondents, including GST Department, Tehsildar Lucknow, and Commercial Tax Department Lucknow, did not appear. The petitioner's counsel requested time to verify if all respondents were served. IA-2367/2020 was dismissed for non-prosecution because no one appeared for the petitioner, and no steps were taken after the substitution of the applicant RP by SBI was allowed.
…Case filed…
IA-2015/2022,…
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