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        Insolvency and Bankruptcy

        2017 (12) TMI 1589 - AT - Insolvency and Bankruptcy

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        Petition Dismissed for Lack of Details on Loan Recall and Creditor Actions. Fresh Petition Allowed. The National Company Law Appellate Tribunal dismissed the petition for lack of details on loan recall and actions by the Financial Creditor. The ...
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Petition Dismissed for Lack of Details on Loan Recall and Creditor Actions. Fresh Petition Allowed.

                              The National Company Law Appellate Tribunal dismissed the petition for lack of details on loan recall and actions by the Financial Creditor. The petitioner can file a fresh petition with complete particulars on the same cause of action.


                              The National Company Law Appellate Tribunal dismissed the petition due to incomplete details and lack of explanation regarding the loan recall and subsequent actions by the Financial Creditor. The petitioner was given liberty to file a fresh petition with complete and detailed particulars on the same cause of action.
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