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2018 (9) TMI 430

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..... ving been done, and the application being made by an advocate and not by the party in person, allowed the appeal - Held that:- The present is the case of a financial creditor who has moved the NCLT. In Macquarie Bank Limited Vs. Shilpi Cable Technologies Limited (2017 (12) TMI 850 - SUPREME COURT OF INDIA) we have since taken the view that, in the case of operational creditors, the petition filed .....

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..... Veer Singh Jain, Adv. Ms. Mamta Jain, Adv. Mr. Uday Ram Bokadia, Adv. Ms. Divya Garg, Adv. And Mr. Sonal Jain, AOR ORDER Heard learned counsel for the parties. We are of the view that the order dated 28.07.2017 passed by the National Company Law Tribunal, Chandigarh, after referring to the facts of this case and the fact that the appellant was a Danish Company, ultimately found ample .....

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..... compliance, namely, of getting a certificate from Indian financial institutions evidencing default in repayment of a debt. We also think that the petition filed by an advocate would be maintainable, as has been held in Macquarie Bank supra. We are of the view that the said judgment would apply in the case of financial creditors as well We, therefore, setaside the judgment of NCLAT and restore .....

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