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Sections 43 & 66 IBC Application Dismissed for Failure to Serve Respondents: NCLT Ahmedabad
Case Law Details
- Case Name
- Omkarchand Maloo Liquidator For Intelligent Textiles Engineers Pvt. Ltd. Vs Yash Jatinbhai Baxi & Ors. (NCLT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
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Omkarchand Maloo Liquidator For Intelligent Textiles Engineers Pvt. Ltd. Vs Yash Jatinbhai Baxi & Ors. (NCLT Ahmedabad)
The NCLT Ahmedabad considered an application initially filed by the Resolution Professional and subsequently pursued by the Liquidator of Intelligent Textile Engineers Pvt. Ltd. under Sections 43 and 66 of the Insolvency and Bankruptcy Code, 2016. The application sought directions under Sections 44, 67, 73 and 74 of the Code for recovery or restoration of amounts allegedly involved in preferential and fraudulent transactions identified in a Transaction Au...
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