2019 (11) TMI 1564

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ial Member And Ashutosh Chandra, Technical Member For the Petitioner : Nisha Hegde ORDER RAJESWARA RAO VITTANALA, JUIDCIAL MEMBER. - 1. C.P.(IB)No.256/BB/2019 is filed by M/s. National Electric & Refrigeration Co., ('Petitioner/Operational Creditor') u/s 9 of the IBC, 2016, R/w. Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 in respe....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e limited company incorporated under the Companies Act, 2013 on 17th July, 2014 and having its Registered Office at 541 Gr. Floor 7th Main 4th Cross, Hal 2nd Stage Bangalore KA-560038 IN. c. The Operational Creditor is involved in the business of leading stockist and supplier of all kinds of spare parts for Air-conditioning, Refrigeration, central Cooling Plants, Cold storage, Deep Freeze....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ice in Form 3 along with Form 4 dated 13th April, 2019, as required under section 8 of the Insolvency & Bankruptcy Code, 2016, was issued by the Operational Creditor to the Corporate Debtor. The Demand Notice was sent by the Indian Post on 13th April, 2019 via Speed Post, along with the copy of the Track Report available from the website of Indian Post as the Proof of Service. And the Copy of the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Rules, made thereunder. 4. Ms. Nisha Hegde, Learned Counsel for the Petitioner, submit that the petitioner could not serve notice on the Respondent, in pursuance to the notice ordered by the Tribunal on 25-7-2019, despite their best efforts. Therefore, she urged the Tribunal to permit the Petitioner to withdraw the instant petition with a liberty to file fresh Company petition in future. 5.....