Dismissed
In the matter of B. Y. Agro & Infra Limited [C.P.(IB)-3878(MB)/2019]
NCLTC.P.(IB)-3878(MB)/2019
Case brief
AI extract
What is this about?
The National Company Law Tribunal Mumbai Bench held a hearing via video conference. It observed that a Corporate Insolvency Resolution Process was already initiated for the admitted corporate debtor. Consequently, the current petition was dismissed as infructuous, and the petitioner was directed to file the claim with the Insolvency Resolution Professional.
What did the court decide?
Petition dismissed as infructuous; petitioner directed to file claim with IRP.