This application was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal held that since a prior order in CP (IB) 4776 of 2018 made the petition infructuous, the matter was disposed of without further adjudication.
Petition disposed as infructuous; liberty granted to file claim before IRP/RP in the CIRP.
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NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH
COURT- V
CORAM:
SHRI PRABHAT KUMAR
Member (Technical)
SHRI KULDIP KUMAR KAREER Member (Judicial)
ORDER SHEET OF THE HEARING OF MUMBAI BENCH OF THE NATIONAL COMPANY LAW TRIBUNAL ON 17.03.2023 .
NAME OF THE PARTIES: MARKOLINE TRAFFIC CONTROLS PRIVATE LIMITED VS
SION PANVEL TOLLWAYS Pvt. Ltd.
UNDER SECTION 9 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016
ORDER
Ms. Tasneem Zariwala i/b Vidhii Partners appearing for the Corporate Debtor is present through virtual hearing. In view of the order passed in CP (IB) 4776 of 2018, this Petition becomes infructuous and is disposed of . Petitioner will be at liberty to file their claim before the IRP/RP in the said CIRP.
SD/SD/-
PRABHAT KUMAR Member (Technical)
KULDIP KUMAR KAREER Member (Judicial)
1 issue framed by the court
Whether the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 admits to remedy when it has become infructuous due to a prior order.
1 provisions across 1 enactments
Markoline Traffic Controls Private Limited
Prabhat Kumar
Kuldip Kumar Kareer
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
