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2020 (9) TMI 555

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..... :- The notification of 12.05.2020 has been struck down by the Calcutta High Court - The notification dated 13.08.2020 reiterated the notification of 12.05.2020 issued by NCLT, however modified it to the limited extent that the default record would be filed wherever available with the Information Utility. 9. Learned counsel for the respondent informed that by a subsequent Notification dated 07.09.2 .....

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..... Advocate for UOI Mr. Jasmeet Singh, CGSC for UOI ORDER 1. The hearing was conducted through video conferencing. 2. Petitioner impugns order dated 12.05.2020 passed by the National Company Law Tribunal whereby it was mandated that no new petition would be entertained in the National Company Law Tribunal without record of default under Section 7 of IBC, 2016. 3. Learned counsel for t .....

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..... ourt reads as under:- All concerned are directed to tile default record from the Information Utility along with the new petitions being filed under section 7 of Insolvency and Bankruptcy Code, 2016 positively. No new petition shall be entertained without record of default under section 7 of IBC, 2016. The Authorized Representatives/Parties in the cases pending for admission under aforesa .....

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..... n dated 13.08.2020 was issued prior to the judgment of the Calcutta High Court dated 18.08.2020. 8. In-effect the notification dated 13.08.2020 reiterated the notification of 12.05.2020 issued by NCLT, however modified it to the limited extent that the default record would be filed wherever available with the Information Utility. 9. Learned counsel for the respondent informed that by a subseque .....

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