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CIRP Application Dismissed: NCLT Rules Partnership Firm Dues Not Under Its Jurisdiction, Petition Declared Non-Maintainable.

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....Maintainability of application - initiation of CIRP - all the dues pertaining to invoices placed on record pertains to Partnership Firm. No transaction pertains to the respondent company herein. Partnership firm still does not come under the jurisdiction of NCLT as such no petition can be maintained - the issue stands decided against the petitioner and in favour of the respondent. - Tri....

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CIRP Application Dismissed: NCLT Rules Partnership Firm Dues Not Under Its Jurisdiction, Petition Declared Non-Maintainable.