High Court Adjourns Insolvency Notice Matter for Removal of Office Objections at Request of Judgment Debtor No.5. The Insolvency Registrar granted adjournment without deciding any substantive issues.

High Court: Bombay High Court Bench: BOMBAY
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Case Note & Summary

This is a procedural order passed by the Insolvency Registrar of the High Court at Bombay in an insolvency matter. The case involves M/s. Recap Sports Wear Co. & Ors. as Judgment Debtors and M/s. J.M. Knitwear P. Ltd. as Judgment Creditor. The matter was listed for removal of office objections. The advocate for Judgment Debtor No.5, Mr. D. T. Tiwari, requested an adjournment. The Insolvency Registrar granted the request and adjourned the matter to 1st August, 2019 at 12.30 p.m. No substantive legal issues were decided.

Headnote

A) Insolvency - Adjournment - Removal of Office Objections - Insolvency and Bankruptcy Code, 2016 - The matter was listed for removal of office objections. The advocate for Judgment Debtor No.5 requested an adjournment, which was granted by the Insolvency Registrar. The matter was adjourned to a later date. (Para 1)

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Issue of Consideration

Whether the matter should be adjourned for removal of office objections

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Final Decision

The matter was adjourned to 1st August, 2019 at 12.30 p.m. at the request of the advocate for Judgment Debtor No.5.

Law Points

  • Adjournment granted upon request of party
  • Insolvency Registrar's procedural order
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Case Details

2019 LawText (BOM) (07) 136

Notice of Motion (L) No.21 of 2019 in Insolvency Notice No. 33 of 2019

2019-07-18

Insolvency Registrar

Mr. D. T. Tiwari, Advocate i/b. Mr. Rammani G. Upadhyay, Advocate for the Judgment Debtor No.5

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Nature of Litigation

Insolvency proceedings - Notice of Motion for removal of office objections

Remedy Sought

Adjournment of the matter

Filing Reason

To remove office objections

Issues

Whether the matter should be adjourned for removal of office objections

Submissions/Arguments

The Ld. Advocate for the Judgment Debtor No.5 requested to adjourn the matter.

Ratio Decidendi

Adjournment granted upon request of a party for removal of office objections; no substantive legal principle decided.

Judgment Excerpts

The Ld. Advocate for the Judgment Debtor No.5 requests to adjourn the matter. At his request adjourned to 1st August, 2019 at 12.30 p.m.

Procedural History

The matter was listed before the Insolvency Registrar for removal of office objections. The advocate for Judgment Debtor No.5 requested an adjournment, which was granted.

Acts & Sections

  • Insolvency and Bankruptcy Code, 2016:
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High Court High Court Adjourns Insolvency Notice Matter for Removal of Office Objections at Request of Judgment Debtor No.5. The Insolvency Registrar granted adjournment without deciding any substantive issues.