Operational Creditor's 1B Petition Dismissed for Infructuousness

The National Company Law Tribunal, Ahmedabad, held that the 1B petition was infructuous as another petition against the same Corporate Debtor had been admitted previously. The Operational Creditor was directed to file their claim before the Resolution Professional. The 1B Petition was disposed of accordingly.

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The Tribunal at the National Company Law Tribunal, Ahmedabad, ruled that the IB petition is infructuous due to a previous order admitting a petition against the same Corporate Debtor. The Operational Creditor can file their claim before the RP. The 1B Petition is disposed of accordingly.

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