Tribunals and CommissionsDivision Bench(2021) 10 NCLT CK 0481

Magicrete Building Solutions Private Limited vs Simplex Infrastructures Limited

National Company Law Tribunal, Kolkata Bench · Decided on 27 October 2021

HON’BLE JUDGES
Sucharita R. · Balraj Joshi
CASE NUMBER
C.P. (IB)/263(KB)2021

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Judgment

5 paragraphs · 88 words

O R D E R

Ld. Counsel for the Petitioner is present.

This application is filed under section 9 of the Insolvency and Bankruptcy Code for a sum of Rs.1,92,015/- (Rupees One Lakh Ninety Two Thousand and Fifteen Only), i.e. Principal sum Rs. 98,896/- and the Petitioner charges a sum of Rs.93,119/- as interest @ 24% p.a.

Vide notification dated 24.03.2020 the jurisdiction of NCLT has been enlarged from Rs. 1.00 lakh to Rs.1.00 crore. Hence this application is dismissed for want of jurisdiction.

There is no cost.