Tribunals and CommissionsDivision Bench(2022) 07 NCLT CK 0542

Piramal Capital & Housing Finance Ltd vs Paresh Thakkar

National Company Law Tribunal · Decided on 4 July 2022

HON’BLE JUDGES
Madan B. Gosavi, Member (J) · Kaushalendra Kumar Singh, Member (T)
CASE NUMBER
C.P.(IB)/159(AHM)2022

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

Ask AI about this case

AI Structured Summary

Not yet generated for this judgment

Judgment

5 paragraphs · 114 words

ORDER

Advance notice was served upon the Respondent but no one appeared. We direct Petitioner as well as Registry to send notice to the Respondent by speed post as well as E-mail and file affidavit of proof of service.

This application is filed under Section 95 of the Code seeking initiation of Insolvency Resolution Process against Mr. Paresh Thakkar, the personal guarantor of the Corporate Debtor, namely, M/s. Devnandan Builders Pvt. Ltd.

Interim Moratorium under Section 96 of the Code shall commence from the date of application. The RP, as suggested by the Applicant, Mr. Hiten Ratilal Abhani, Registration No. IBBI/IPA-001/IPP-02068/2020-2021/13231, is directed to file report within ten days.

Matter stands adjourned to 12.09.2022.