In an original application under Insolvency and Bankruptcy Code, the Delhi High Court dismissed the plea by the applicant against Non-Resident Bank's default.
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| 14/10/2022 | Ex. No. |
Before Presiding Officer Dr. Rekha G. Dhakar, DRT-1, Mumbai. Roznama in OA 131 of 2022 State Bank of India Vs Akshata Mercantile Pvt. Ltd. |
Next date |
|---|---|---|---|
| Advocate for the applicant is present. Advocate for the defendant is present. It is informed by the parties that NCLT proceeding has been initiated for the defendant no. 1 company as well as insolvency proceeding against the defendant no. 2 to 6. In view of the submission of Ld. Counsel for the applicant since proceedings has already been initiated before the NCLT therefore, there is no merit to continue the present OA and thus same is hereby disposed off with liberty to the applicant to revive the same as and when require. File be closed and consigned to record room. Sd/- P.O. DRT-I |
Pnd/-35
Dr. Rekha G. Dhakar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
