The case pertains to a Restoration Application (IBC)/53(ND) 2025 filed in CP (IB) NO. 263/ND/2025 seeking restoration of a Company Petition that was dismissed for non-prosecution.
Creative Capital Services Ltd. filed a Company Petition (I.B.) NO. 263 of 2025, which was dismissed for non-prosecution on 05.06.2025.
The Applicant filed a Restoration Application (IBC)/53 (ND) 2025 seeking restoration of the dismissed Company Petition.
The Applicant's counsel was unable to appear before the Tribunal due to a conflicting matter involving a sister concern of the Respondent.
The Tribunal found the non-appearance to be unintentional and not deliberate.
The Tribunal allowed the restoration application subject to the payment of Rs. 1,00,000/- as cost.
Sign in to view the parties.
Company Petitio…
Company Petition (I.B.)…
Sign in to view related legal provisions.
The case pertains to a Restoration Application (IBC)/53(ND) 2025 filed in CP (IB) NO. 263/ND/2025 seeking restoration of a Company Petition that was dismissed for non-prosecution.
Creative Capital Services Ltd. filed a Company Petition (I.B.) NO. 263 of 2025, which was dismissed for non-prosecution on 05.06.2025.
The Applicant filed a Restoration Application (IBC)/53 (ND) 2025 seeking restoration of the dismissed Company Petition.
The Applicant's counsel was unable to appear before the Tribunal due to a conflicting matter involving a sister concern of the Respondent.
The Tribunal found the non-appearance to be unintentional and not deliberate.
The Tribunal allowed the restoration application subject to the payment of Rs. 1,00,000/- as cost.
Company Petitio…
Company Petition (I.B.)…
Sign in to view related legal provisions.