Disposed

Jaibharat Textiles and Real Estate Ltd. through Shri. Jaiprakash Mishra Authorised Signatory v. the Recovery Officer, Office of the Regional Provident Fund Commissioner

Bombay HC10 Mar 2021WP/1199/2021

Case brief

AI extract

What is this about?

The High Court at Nagpur disposed of the writ petition filed by Jaibharat Textiles after the promotion of insolvency proceedings. The court observed that the petitioner had made a representation to the authorities and not issued any interim direction, directing that any decision on the representation be communicated to the petitioner.

What the court decided

AI extract

Jaibharat Textiles and Real Estate Ltd. through… — Insolvency and Bankruptcy | Bombay HC (2021)

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1003wp1199.21

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH : NAGPUR

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WRIT PETITION NO.1199 OF 2021

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Jaibharat Textiles and Real Estate Ltd. ... Petitioner

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Versus -

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The Recovery Officer, Office of the Regional Provident Fund Commissioner ... Respondent

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Shri A.J. Pathak, Advocate for Petitioner.

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CORAM : NITIN JAMDAR AND ANIL S. KILOR, JJ. DATE : 10 MARCH 2021

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P.C. :

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Shri Pathak, learned Counsel for the Petitioner, states that the Directors of Petitioner Company have received a notice from the Respondent Provident Fund Department on 12 February 2021 for deposit of the amount towards Provident Fund by 26 February 2021.

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The Petitioner has made a representation to the Authorities stating that the creditors of the Petitioner Company

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2 1003wp1199.21

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have invoked Insolvency and Bankruptcy Code and Interim Resolution Professional is also appointed. This representation was made on 23 February 2021 and within three days thereafter this writ petition is filed.

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If the Petitioner has pointed out the position and no action is taken so far against the Petitioner, it appears that the Respondent may have been satisfied with the explanation of the Petitioner. Therefore, it is not necessary for us to issue any direction. In case any steps are to be taken against the Petitioner, decision on the representation of the Petitioner be communicated to the Petitioner. With these observations, the writ petition is disposed of.

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(ANIL S. KILOR, J.) (NITIN JAMDAR, J.)

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khj

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Kamal Digitally signedby Kamal Jeswani Date: 2021.03.11 18:43:42 +0530 Jeswani

Jaibharat Textiles and Real Estate Ltd. through Shri. Jaiprakash Mishra Authorised Signatory v. the Recovery Officer, Office of the Regional Provident Fund Commissioner

Case brief

What is this about?

What the court decided

Jaibharat Textiles and Real Estate Ltd. through Shri. Jaiprakash Mishra Authorised Signatory v. the Recovery Officer, Office of the Regional Provident Fund Commissioner

Case brief

What is this about?

What the court decided

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