M/S Trevani International Pvt. Ltd. v. M/S Shree Ambika Impex Ltd.
Case brief
What is this about?
Delhi High Court; RFA(COMM) 455/2024; M/s Trevani International Pvt. Ltd. v. M/s Shree Ambika Impex Ltd.; order dated 22.01.2025; CM APPL. 3849/2025; appeal adjourned sine die; NCLT order dated 23.07.2024; C.P. (IB)/68 (ND) 2022; appointment of IRP qua respondent-company; insolvency resolution proceedings; liberty to seek revival; next date 07.04.2025 cancelled.
What did the court decide?
The appellant's application (CM APPL. 3849/2025) was allowed: the appeal was adjourned sine die to await the orders of the NCLT in C.P. (IB)/68 (ND) 2022; both sides were granted liberty to seek revival as and when deemed necessary; and the previously fixed date of 07.04.2025 was cancelled. ¶¶14