J.M. Industries Vs Eashkrupa Shipping & Logistics (I) Pvt. Ltd

National Company Law Appellate Tribunal New Delhi 8 Nov 2023 Company Appeal (AT) (Ins.) No. 1123 Of 2023 (2023) 11 NCLAT CK 0029
Bench: Full Bench
Result Published
Acts Referenced

Judgement Snapshot

Case Number

Company Appeal (AT) (Ins.) No. 1123 Of 2023

Hon'ble Bench

Ashok Bhushan, Chairperson; Barun Mitra, Member (T); Arun Baroka, Member (T)

Advocates

Aroshi Pal, Arvind Kumar Gupta

Final Decision

Dismissed

Acts Referred
  • Insolvency and Bankruptcy Code, 2016 - Section 9

Judgement Text

Translate:

Learned Counsel for the respondent made a statement that against the Corporate Debtor CIRP has already been commenced by order dated 20.10.2023 passed in CP (IB) 1228/MB/2020. It is submitted that in view of the initiation of CIRP against the Corporate Debtor this appeal which was filed against an order rejecting the application under Section 9 has become infractuous.

Recording the aforesaid statement, we dismiss the appeal as appeal has become infractuous.

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