Commercial suit against defendant No.1 rendered infructuous after the defendant entered corporate insolvency resolution under the Insolvency and Bankruptcy Code; plaintiff was lead secured creditor and committee of creditors member. Court disposed of the suit and pending motions as infructuous.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
914.NMCD.280.2016.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
NOTICE OF MOTION NO. 280 OF 2016
IN COMMERCIAL SUIT NO. 505 OF 2016
Reliance Net Ltd.
...Applicant / Plaintiff
Versus
SHRIKANT SHRINIVAS MALANI
Maan Sarovar Properties Development Pvt. Ltd. & Ors.
...Defendants
Digitally signed by SHRIKANT SHRINIVAS MALANI Date: 2024.05.08 10:59:55 +0530
Mr. D.J. Kakalia, for Plaintiff (through Video Conferencing).
CORAM : MANISH PITALE, J.
DATE : 07th MAY, 2024
P. C. :
the petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 was admitted.
Page1 of 2
Shrikant Malani
914.NMCD.280.2016.doc
secured creditor and also a member of the committee of creditors. In that
light, the learned counsel appearing for the plaintiff as well as the learned counsel appearing for the resolution professional appointed on defendant No.1 state that the suit itself is rendered infructuous and that it can be disposed of as such.
disposed of.
(MANISH PITALE, J.)
Page2 of 2
Shrikant Malani
1 provisions across 1 enactments
Reliance Net Ltd.
Shrikant Shrinivas Malani
Maan Sarovar Properties Development Pvt. Ltd. & Ors.
Manish Pitale
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
