NCLT JUDGEMENT ON SECTION 3(11), 3(6), 5(7), 5(8), 5(8)(A), 5(8)(B), 5(8)(C), 5(8)(D), 5(8)(E), 5(8)(F), 5(8)(G), 5(8)(H), 5(8)(I), 7 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016, SECTION 62(A)(1), 68, 179, 186 OF THE COMPANIES ACT, 2013, SECTION 12 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 AND SECTION 25 OF THE EVIDENCE ACT, 1872
NAME MOBILE NO. E-MAIL I’D RANJEET KUMAR 8383098478 , 9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 , 9355723300 jai.thakur@courtkutchehry.com RAJEEV RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK MISHRA 9718327746 sales@courtkutchehry.com RAVI KUMAR ravi.singh@courtkutchehry.com Pankaj Piyush Trade And Investment Limited Vs. Kamal Ideal Infratech Private Limited, (2020) 06 NCLT CK 0023 NCLT dismissed the petition filed by the petitioner, under Section 7 of the Insolvency and Bankruptcy Code, 2016 (for brevity 'code') praying for initiation of Corporate Insolvency Resolution Process of the Corporate Debtor on grounds of its inability to liquidate its financial debt. While dismissing the petition NCLT held that In the light of the aforesaid provisions, when we shall consider the case of Petitioner then we find that the applicant has not enclosed the resolution passed by the Corporate Debtor com...