Tribunals and CommissionsDivision Bench(2019) 09 NCLT CK 0933

M/s. Jakson Engineers Ltd. vs M/s. UM Green Lighting Pvt. Ltd.

National Company Law Tribunal · Decided on 2 September 2019

HON’BLE JUDGES
L. N. Gupta, Member (T) · Ina Malhotra, Member (J)
CASE NUMBER
(IB)-463(ND)2018

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Judgment

3 paragraphs · 99 words

ORDER

The brief background of this case is that upon filing of the petition, a compromise has been effected between the parties upon which the petition was withdrawn with liberty to seek its revival if the terms were not adhered to. The Corporate Debtor has defaulted in adhering to the payment schedule and therefore under the liberty granted to the petitioner, they seek revival. Pursuant to the court notice effected on the Corporate Debtor, Ms. Gori, Ld. Counsel has appeared and prays for some time to seek necessary instructions.

To come up for further consideration on 5th September, 2019.