Green Valley Energy Ventures Private Limited v. Ald Automotive Private Ltd.
Case brief
What is this about?
Section 11 arbitration application; Bombay High Court Commercial Division; COMM. ARBITRATION APPLICATION NO. 30 OF 2024; Green Valley Energy Ventures Private Limited v. ALD Automotive Private Ltd.; Applicant Company in liquidation under Insolvency and Bankruptcy Code, 2016; Liquidation Professional to give instructions on pursuing matter; listed “Final Hearing – Section 11” on Supplementary Board on March 7, 2025; Somasekhar Sundaresan, J.; order dated February 25, 2025; no merits adjudication, no case law, no monetary quantum.
What did the court decide?
The Court directed the Applicant's advocates to send a copy of the order to the Liquidation Professional appointed under the IBC and to seek instructions on whether there is any interest at all in pursuing the matter. ¶¶12