2021 (2) TMI 887

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.... Virendra Kumar Gupta, Member (Technical) Learned Counsel Mr. Akshat Agarwal appeared for the Applicants RP Mr. Sajjan kumar Dokania appeared. Learned Counsel Mr. Harshil Patel on behalf of the Learned Counsel Mr. L.M. Patel appeared for the Financial Creditor. ORDER This instant application is filed under Section 60(5) of the Insolvency & Bankruptcy Code, 2016 r.w. Rule 11 of the Nati....

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....19 The matter was adjourned. 07.11.2019 07.11.2019 No one appeared for the CD and FC were directed to effect paper publication in the newspaper. 06.12.2019 06.12.2019 Despite paper publication no one appeared for the CD. The matter was fixed for final hearing. 17.01.2020 17.01.2020 Again no one appeared for the CD.....

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....also noted that an advance copy of the petition has been served by Financial Creditor on the Corporate Debtor. Notice of hearing of this petition has also been served by the Financial Creditor even by way of publication of notice in the Newspaper. As noted, earlier that the order under Section 7 of IBC, 2016 initiating under Corporate Insolvency Resolution Process (CIRP) was passed on 09.09.2020. ....

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....e beginning they remained absent and did not participating at all whish shows that the Applicant was never vigilent. Further, the applicant filed this application on 04.12.2020 after one month of passing of order by the Hon'ble NCLAT on 02.11.2020. 5.  The Corporate Insolvency Resolution Process (CIRP) has already been set in motion. During the course of hearing the Learned Counsel for....