Tribunals and CommissionsDivision Bench(2022) 05 NCLT CK 0493

Swastik Pipe Ltd vs M/s Faridabad Stampings Pvt Ltd

National Company Law Tribunal · Decided on 17 May 2022

HON’BLE JUDGES
Dharminder Singh, Member (Judicial) · Sumita Purkayastha, Member (Technical)
RESULT
Disposed Of
CASE NUMBER
IA/5592/ND/2021 In IB/261/ND/2020

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Judgment

2 paragraphs · 115 words

IA/5592/ND/2021 has been filed on behalf of Petitioner, taking on record the Form-2 of the proposed Insolvency Professional i.e. Preet Singh IRP. The same is taken on record. IA stands disposed of. Ld. Counsel for the Respondent has appeared and stated that one application has been filed for setting aside the ex-parte order dated 27.08.2021, the said application was stated to have been filed on September, 2021 but the same has not been listed before this Tribunal and apparently, the same is liable to be set-aside. Therefore, there is no ground to adjourn the matter any more as the same is pending since 2020.

Arguments heard of both the counsels. Matter stands reserved for order.