2020 (9) TMI 555

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hravan Kumar, Advocate for UOI Mr. Jasmeet Singh, CGSC for UOI ORDER 1. The hearing was conducted through video conferencing. 2. Petitioner impugns order dated 12.05.2020 passed by the National Company Law Tribunal whereby it was mandated that no new petition would be entertained in the National Company Law Tribunal without record of default under Section 7 of IBC, 2016. 3. Learned counsel for....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rt reads as under:- "All concerned are directed to tile default record from the Information Utility along with the new petitions being filed under section 7 of Insolvency and Bankruptcy Code, 2016 positively. No new petition shall be entertained without record of default under section 7 of IBC, 2016. The Authorized Representatives/Parties in the cases pending for admission under aforesaid sect....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s issued prior to the judgment of the Calcutta High Court dated 18.08.2020. 8. In-effect the notification dated 13.08.2020 reiterated the notification of 12.05.2020 issued by NCLT, however modified it to the limited extent that the default record would be filed wherever available with the Information Utility. 9. Learned counsel for the respondent informed that by a subsequent Notification dated 0....