The case pertains to a petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) in the year 2020. The hearing was held on January 10, 2023. The Financial Creditor's counsel was present, as was the Corporate Debtor's counsel. However, the Financial Creditor's counsel was not inclined to argue or pursue the matter.
A petition was filed in 2020 under Section 7 of the Insolvency and Bankruptcy Code (IBC). The hearing took place on January 10, 2023. Ms. Sumi Soman, the counsel for the Financial Creditor, and Ms. Veenu Khatri, the counsel for the Corporate Debtor, were present. The Financial Creditor's counsel was not inclined to argue or pursue the matter. Consequently, the petition was dismissed for non-prosecution. The key fact is the Financial Creditor's decision not to pursue the case, which led to the dismissal.
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A petition wa…
The hearing was held, and the Financial…
The case pertains to a petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) in the year 2020. The hearing was held on January 10, 2023. The Financial Creditor's counsel was present, as was the Corporate Debtor's counsel. However, the Financial Creditor's counsel was not inclined to argue or pursue the matter.
A petition was filed in 2020 under Section 7 of the Insolvency and Bankruptcy Code (IBC). The hearing took place on January 10, 2023. Ms. Sumi Soman, the counsel for the Financial Creditor, and Ms. Veenu Khatri, the counsel for the Corporate Debtor, were present. The Financial Creditor's counsel was not inclined to argue or pursue the matter. Consequently, the petition was dismissed for non-prosecution. The key fact is the Financial Creditor's decision not to pursue the case, which led to the dismissal.
A petition wa…
The hearing was held, and the Financial…