LAWS(NCLT)-2017-8-205

IN RE Vs. HADA TEXTILE INDUSTRIES LTD

Decided On August 11, 2017
IN RE Appellant
V/S
Hada Textile Industries Ltd Respondents

JUDGEMENT

(1.) Ld. Counsels for the petitioners and the Ld, Counsel for WBSEDCLare present. On perusal of the recor 1 it appears that the petitioner, Hada Textiles Industries Ltd. earlier had filed C.P.No. 171/2017 as a corporate applicant and that application was rejected by this Division Bench by order dated 13/04/2017. Again Hada Textiles Industries Ltd. has filed this petition under the Insolvency and Bankruptcy Act, 2016 without mentioning the section. In the earlier application following order was passed:-

(2.) Again this petition has been filed by the same petitioner under IBC 2016, and numbered as C.P. (IB) No. 406/KB/2017, which happens to be an even number. As per order passed by the Hon'ble President, NCLT all the even number case should be heard by Bench No.2. Therefore, in spite of the fact that Division Bench has earlier heard and dismissed the same matter on maintainability ground. Since this new case being an even number case, it is appropriate to be heard by the Bench No.2. Office is directed to list the matter before Bench No.2 on 21/08/2017.