Idbi Bank versus Mamta — Insolvency and Bankruptcy | DRT (2023)

Disposed

Idbi Bank v. Mamta

DRT12 Sept 2023OA/207/2022

Case brief

AI extract

What is this about?

Adjourned order disposing off a moratorium application pending before the competent court with liberty to revive.

What the court decided

AI extract

12/09/2023	Ex. No.	Before Presiding Officer Dr. Rekha G. Dhakar, DRT-1, Mumbai. *Roznama in OA 207 of 2022* *IDBI Bank Vs Mamta Apparao*	Next date
		Advocate Pradnya Bamne i/b M/s N.N. Amin & Co. appeared for the Applicant. 1. Ld. Counsel for the Applicant submits that Defendant no.3 has already been disposed by the NCLT and further the proceeding against the Defendant no.1 & 2 has been initiated before the NCLT and Defendant no.4 is only liquidator appointed by the NCLT therefore she submits that matter may be kept in sine-die. 2. Looking to the submission of the Ld. Counsel for the Applicant now the moratorium and interim moratorium shall apply in the present proceeding therefore there is no substance to continue the present OA and therefore, the same is hereby disposed off with a liberty to the Applicant to revive the same as and when required. File be closed and consigned to record room.
		P.O. DRT-I

Sgj/-17