Plaintiff failed to requisition defendant for Resolution Plan ...

Plaintiff neglected to seek Resolution Plan from defendant. Court invoked s.151 CPC, dismissed Suit as infructuous post NCLT Resolution Plan.

Case Laws Insolvency and Bankruptcy

August 3, 2024

Plaintiff failed to requisition defendant for Resolution Plan detailing alleged excess payments. Documents required for adjudication of IA 2769/2022 supplied to plaintiff, who made no effort to obtain Resolution Plan from NCLT. Invoking inherent powers u/s 151 CPC, Court relied on Rajan Gupta case to dismiss Suit as infructuous due to subsequent Resolution Plan passed by NCLT, rendering relief claimed unviable. Defendant succeeded in application.

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Plaintiff failed to requisition defendant for Resolution Plan ...

Plaintiff neglected to seek Resolution Plan from defendant. Court invoked s.151 CPC, dismissed Suit as infructuous post NCLT Resolution Plan.

Case Laws Insolvency and Bankruptcy

August 3, 2024

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