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2019 (7) TMI 1552 - THE NATIONAL COMPANY LAW TRIBUNAL, CHANDIGARHSeeking of adjournment - adjournment sought on the ground that the respondent-corporate debtor has filed SLP before the Hon’ble Supreme Court - no stay granted by any Court for proceedings under the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- It is noticed that number of opportunities were granted on earlier occasions and on the previous date of 26.04.2019, after seeing the conduct and delay in the proceedings, it was made clear that pleadings be completed in the main case well in advance before the next date and the matter was adjourned to 11.07.2019. So far admittedly, no reply or pleading are submitted from the side of the respondent. This Bench, therefore, forfeits the right of the respondent- corporate debtor to file any reply or pleadings. After this forfeiture, right to argue on merits is granted to the respondent. Application disposed off.
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