Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + Tri Insolvency and Bankruptcy - 2020 (12) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (12) TMI 1260 - NATIONAL COMPANY LAW TRIBUNAL GUWAHATI BENCHAdmission of application filed under section 7 of IBC - ex-parte Order was admitted - HELD THAT:- There was no response at all from the side of the present applicant even after service of notice at the address recorded in the applicant Company Master Data, this Tribunal admitted the main Company Petition. This Tribunal, being a Quasi-Judicial Authority, has no power to review or set aside its own Company Petition Admission Order as per settled proposition of Law. Hence, the prayer made in this IA to set aside the Order of Admission of the Application filed under Section 7 of IBC by this Bench on 18.03.2020, is not legally sustainable and accordingly stands rejected. Application for setting aside the order of admission is dismissed.
|