Dismissed
In the matter of Sanatan Logistics Private Limited Cp(Ib) No. 72-Chd-Hry-2020
What the court decided
AI extract
Outcome
Dismissed
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THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH ( through web-based video conferencing platform )
Item 12
CP(IB) No. 72/Chd/Hry/2020 Under Section 9, IBC 2016
In the matter of:- Ashok Fuels Station
….Petitioner-Operational Creditor
Vs
Sanatan Logistics Private Limited
…Respondent-Corporate Debtor
Present through Video Conferencing:
None for petitioner.
It is seen from the file that vide order dated 13.01.2022, Registry was directed to issue notice to learned counsel for the petitioner for his appearance as there was no representation on behalf of the petitioner and since, the file was not taken up for last few dates of hearing. On the last date of hearing i.e. on 01.04.2022, it was submitted by learned proxy counsel for the petitioner that parties have arrived at a settlement and some time may be granted for placing on record the settlement agreement. However, today, there is no representation on behalf of the petitioner. In these circumstances, it seems that the petitioner is not interested in prosecuting the present petition and therefore, the present petition is ordered to be dismissed for want of prosecution.
Sd/Sd/- (Subrata Kumar Dash) (Harnam Singh Thakur) Member (Technical) Member (Judicial)
May 18, 2022 HM
CP(IB) No. 72/Chd/Hry/2020
Ashok Fuels Station
Sanatan Logistics Private Limited
Subrata Kumar Dash
Harnam Singh Thakur
As recorded by the court registry
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