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CPC Not Strictly Applicable to I&B Code Proceedings, NCLAT Grants Opportunity to File Objection Under Section 9

Case Law Details

Case Name
Dunzo Digital Pvt. Ltd. Vs Velvin Packaging Solutions Pvt. Ltd. (NCLAT Chennai)
Date of Judgement/Order
Only available for paid members
Courts
NCLAT
Advertisement Dunzo Digital Pvt. Ltd. Vs Velvin Packaging Solutions Pvt. Ltd. (NCLAT Chennai) In the case Dunzo Digital Pvt. Ltd. Vs. Velvin Packaging Solutions Pvt. Ltd. (NCLAT Chennai), the appellant appealed under Section 61 of the Insolvency and Bankruptcy Code (I&B Code) against the orders passed by the NCLT. The issue arose when the appellant was denied the opportunity to file objections in response to the Section 9 application of the respondent, due to non-compliance with previous orders and the failure to reach a settlement. The NCLT, on 31.07.2024, had granted the appellant tim...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,789

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