The National Company Law Tribunal dismissed Corporate Insolvency Resolution Process application No. 1323/2022 for default due to the absence of the Originating Creditor despite repeated listings and opportunities.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH COURT VI
Item No. 28 C.P. (IB)/1323(MB)2022
CORAM:
SHRI SANJIV DUTT HON’BLE MEMBER (TECHNICAL)
SHRI K. R. SAJI KUMAR HON’BLE MEMBER (JUDICIAL)
ORDER SHEET OF HEARING DATED 12.10.2023
NAME OF THE PARTIES: Rajesh Cinemas
Vs
Cinema Ventures Private Limited
For the OC : None present
For the CD : None present
Section 9 of the IBC, 2016
ORDER
None present for the OC today and also on 12.09.2023, 14.09.2023 . On perusal of the record, it is revealed that despite affording various opportunities and listing the matter on Board for several times, the OC did not appear. From the continuous absence of the OC, we feel that the OC is no more interested to pursue the matter. Hence, CP No. 1323/2022 is dismissed for default.
Sd/SANJIV DUTT MEMBER (TECHNICAL)
Sd/-
K. R. SAJI KUMAR MEMBER (JUDICIAL)
//JNK//
1 provisions across 1 enactments
Rajesh Cinemas
Sanjiv Dutt
K. R. Saji Kumar
As recorded by the court registry
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