Disposed

In the matter of Isolux Corsan India Engineering & Construction Pvt. Ltd. Ia No. 52,237 & 240-2022 And Company Appeal No. 1-2022 In Cp(Ib) No. 97-Chd-Hry-2018

NCLT3 Jun 2022

Case brief

AI extract

What is this about?

The National Company Law Tribunal Chandigarh Bench listed IA Nos. 52/2022, 237/2022, 240/2022, and Company Appeal No. 1/22 in CP(IB) No. 97/Chd/Hry/2018 for hearing on 18.08.2022, granting time for replies to respondents.

What did the court decide?

Time granted for filing replies and rejoinder; notice to be issued in one application.

In the matter of Isolux Corsan India Engineering… — Insolvency and Bankruptcy | NCLT (2022)

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THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH ( through web-based video conferencing platform )

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Item 39 IA No. 52/2022,237/22,240/22 And Company Appeal No. 1/22 In CP(IB) No. 97/Chd/Hry/2018 (Admitted)

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Under Section 7, & 42 & 60(5) IBC 2016

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In the matter of:-

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Oriental Bank of Commerce.

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….Petitioner-Financial Creditor

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Vs.

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Isolux Corsan India Engineering & Construction Pvt. Ltd

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.…Respondent-Corporate Debtor

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Present through Video Conferencing:

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None for the applicant in IA No. 240/2022.

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Ms. Nivedita Chauhan, Advocate for respondent In IA No. 52/2022 & Company Appeal No. 1/2022 and for applicant in IA No. 237/2022, for respondent in IA No. 240/2022..

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Mr. Arun Bansal with Mr. Abhinav Bansal, Advocates for applicant in IA No. 52/2022 & Company Appeal No. 1/2022. Mr. Ankit Sharma, Advocate for applicant in IA No. 240/2022.

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IA No. 52/2022

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A date is requested by learned counsel for the respondent for filing the reply.

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The same be filed within three weeks with copy advance to counsel opposite. Rejoinder thereto, if any, be filed atleast one week before the next date of hearing. List on 18.08.2022.

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IA No. 237/2022

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Issue notice to respondent(s) within four weeks. The applicant shall collect

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the notice from the Registry and send the same immediately to the respondent(s) at its registered address by speed post along with copy of the application and the entire

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IA No. 52/2022,237/22,240/22 And Company Appeal No. 1/22 In CP(IB) No. 97/Chd/Hry/2018 (Admitted)

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Page 2 of 2

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paper book with a copy of this order as well as at the email address of the respondent(s).

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In case, the service of speed post on the respondent(s) is not effected, then the applicant shall adopt the mode of substituted service and the notice of hearing be advertised in two daily newspapers (one English and one Hindi) having wide circulation in the area and file affidavit of service along with copy of postal receipt, tracking report, copy of email and paper clippings, if applicable within two weeks.

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Reply, if any, be filed within three weeks after receipt of notice with a copy in advance to the counsel opposite. Rejoinder thereto, if any, be filed one week thereafter, with a copy in advance to the counsel opposite.

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List on 18.08.2022.

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IA No. 240/2022

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A date is requested by learned counsel for the respondent for filing the reply. The same be filed within four weeks with copy advance to counsel opposite. Rejoinder thereto, if any be filed atleast one week before the next date of hearing with copy advance to counsel opposite. List on 18.08.2022.

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Company Appeal No. 1/22

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A date is requested by learned counsel for the respondent for filing the reply. The same be filed within three weeks with copy advance to counsel opposite. Rejoinder thereto, if any, be filed atleast one week before the next date of hearing. List on 18.08.2022.

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Sd/Sd/- (Subrata Kumar Dash) (Harnam Singh Thakur) Member (Technical) Member (Judicial)

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June 3, 2022 HM

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IA No. 52/2022,237/22,240/22 And Company Appeal No. 1/22 In CP(IB) No. 97/Chd/Hry/2018 (Admitted)

In the matter of Isolux Corsan India Engineering & Construction Pvt. Ltd. Ia No. 52,237 & 240-2022 And Company Appeal No. 1-2022 In Cp(Ib) No. 97-Chd-Hry-2018

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In the matter of Isolux Corsan India Engineering & Construction Pvt. Ltd. Ia No. 52,237 & 240-2022 And Company Appeal No. 1-2022 In Cp(Ib) No. 97-Chd-Hry-2018

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