NCLT JUDGEMENT ON SECTION 8, 9, 9(3)(B), 9(3)(C), 9(5), 9(5) (2)(D), 14(1), 14(2), 14(3), 14(4) OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016, REGULATION 6 OF THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSON) REGULATIONS, 2016 AND RULE 6 OF THE INSOLVENCY AND BANKRUPTCY (APPLICATION TO ADJUDICATING AUTHORITY) RULES, 2016
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 Smc Corporation (India) Pvt. Ltd Vs. Akash Packtech Private Limited, (2020) 07 NCLT CK 0004 NCLT allowed the application filed by the applicant, under Section 9 of the Insolvency and Bankruptcy Code, 2016 (for brevity 'code') read with Rules 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority), 2016 (for brevity 'the Rules') with a prayer to initiate the Corporate Insolvency process against the Corporate Debtor. While allowing the application NCLT held that this Tribunal was constrained to proceed with the matter ex-parte against the Corporate Debtor as per order dated 19.11.2019, since the Corporate De...