This order dismissed an insolvency petition under Section 9 of the IBC filed by an operational creditor due to non-prosecution, noting the petitioner's failure to appear at multiple hearings including the current one.
Petition dismissed for non-prosecution; file consigned to records.
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DIVISION BENCH ITEM NO. 111
NATIONAL COMPANY LAW TRIBUNAL ALLAHABAD BENCH ALLAHABAD
CP No.(IB)424/ALD/2019
CORAM:
1. SHRI RAJASEKHAR V. K, HON’BLE MEMBER (JUDICIAL)
2. SHRI VIRENDRA KUMAR GUPTA, HON’BLE MEMBER (TECHNICAL)
ATTENDANCE-CUM-ORDER SHEET OF THE HEARING ON 14th FEBRUARY, 2022, 2:30 PM
| NAME OF THE COMPANY | PARK INN BY RADISSON V/S M/S OKWU |
|---|---|
| INDIA PVT LTD | |
| UNDER SECTION | 9 IBC |
COUNSEL APPEARED THROUGH VIDEO CONFERENCING :
None. : For the operational creditor.
ORDER
There was no representation on behalf of the parties when the matter was called on 12.10.2021, 22.11.2021, 03.01.2022 and even today. It appears that the Operational Creditor is not interested in pursuing this petition and therefore the same is dismissed for non-prosecution.
File be consigned to the records.
Virendra Kumar Gupta Member (Technical)
Rajasekhar V.K. Member (Judicial)
Md. Zaid (Stenographer)
1 issue framed by the court
Whether to proceed with the insolvency petition submitted by the operational creditor after prolonged absence from hearings.
1 provisions across 1 enactments
PARK INN BY RADISSON INDIA PVT LTD
M/S OKWU
RAJASEKHAR V. K
VIRENDRA KUMAR GUPTA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
