2022 (9) TMI 1064

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.... 2022 under Rule 11 of the NCLT Rules, 2016 seeking the following reliefs: "a) In view of the aforesaid facts and circumstances, it is most humbly prayed that the Hon'ble Court may graciously be pleased to recall the impugned order dated 24.05.2022 thereby allowing the reply of the Corporate Debtor along with the supporting documents to be placed on record in the interest of justice; b) Pass any other order which this Hon'ble Tribunal may deem fit in the interest of justice, equity and good conscience...." 2. The brief background of the case is that the Operational Creditor, namely, A2V Infra had filed a petition bearing no (IB)-93(PB)/2021 under Section 9 of IBC 2016 for initiation of CIR Process against the Corporate Debtor M....

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....ow the matter of filing of the said Vakalatnama with the clerk. iii) Thereafter, the matter was taken up on 23.08.2021, which was not updated on the website which was still showing the last date as 05.07.2021 and it was due to non-appearance on that date, the notice to show-cause was directed to be issued to the CD as to why the corporate insolvency process be not initiated against the CD. The said notice got served upon the CD, who upon receipt of the same, appeared before the Adjudicating Authority on 05.10.2021. However, due to heavy work load, the case could not be taken up for hearing and was adjourned to 06.12.2022. iv) On the subsequent dates i.e., 06.12.2021 and 21.01.2022, the bench did not assemble and the case was adjourned t....