The bench dismissed the insolvency petition as infructuous, noting that a CIRP against the same Corporate Debtor had already been initiated by another court on the same date.
Corporate Insolvency Resolution Process (CIRP) was dismissed as infructuous.
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 – IV
CORAM:
SHRI PRABHAT KUMAR MEMBER (Technical)
SHRI KISHORE VEMULAPALLI MEMBER (Judicial)
ORDER SHEET OF THE HEARING HELD ON 13.01.2023
Name of the Parties: Jungheinrich Lift Truck India Privatelimited Vs Future Supply Chain Solutions Limited
SECTION 9 OF INSOLVENCY AND BANKRUPTCY CODE, 2016
ORDER
The Court is convened through Video Conference.
Sd/- Sd/PRABHAT KUMAR KISHORE VEMULAPALLI Member (Technical) Member (Judicial)
/NP/
1 issue framed by the court
Whether C.P. 17(IB)/2023 survives given that a CIRP on the same debtor was already initiated.
1 provisions across 1 enactments
Future Supply Chain Solutions Limited
PRABHAT KUMAR
KISHORE VEMULAPALLI
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
