Tribunals and CommissionsDivision Bench(2020) 07 NCLT CK 0512

Cosmo Films Ltd vs Malpani Polymers Pvt Ltd

National Company Law Tribunal · Decided on 6 July 2020

HON’BLE JUDGES
Madan Bhalchandra Gosavi, Member (Judicial) · Virendra Kumar Gupta, Member (Technical)
CASE NUMBER
CP(IB) 771/9/NCLT/AHM/2019

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Judgment

3 paragraphs · 49 words

No one appeared for the Operational Creditor.

Records reveals that no one appeared for the Operational Creditor even before period of lockdown and thereafter, it appears to us that Operational Creditor is not interested to proceed.

Hence, matter stands dismissed for want of prosecution with liberty to get restored.