PRAJ INDUSTRIES LTD Vs. SAINOV SPIRITS PVT LTD
LAWS(NCLT)-2017-5-100
NATIONAL COMPANY LAW TRIBUNAL
Decided on May 12,2017

PRAJ INDUSTRIES LTD Appellant
VERSUS
SAINOV SPIRITS PVT LTD Respondents

JUDGEMENT

M M Kumar, Member - (1.) The petition is incomplete as no statutory notice under Section 8 Insolvency and Bankruptcy Code, 2016 has been served on the respondent. Accordingly, the petition is liable to be dismissed at this stage by granting liberty to the petitioner to file a fresh one after complying with the mandatory provisions of the Insolvency and Bankruptcy Code, 2016. Consequently, the petition is dismissed as withdrawn with liberty aforesaid.;


Click here to view full judgement.
Copyright © Regent Computronics Pvt.Ltd.