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2024 Supreme(Online)(NCLT) 157

NATIONAL COMPANY LAW TRIBUNAL
Mayfair Biotech Private Limited – Appellant
Versus
Good Value Chemicals Private Limited – Respondent


Advocates:
For the Petitioner:RAJESH AGRAWAL
For the Respondent:Ajay Singh

IN THE NATIONAL COMPANY LAW TRIBUNAL

BENCH V, NEW DELHI

C.P (IB)/215(ND)2020

An application under section 9 of the Insolvency and Bankruptcy Code, 2016 read with rule 6 of the Insolvency and Bankruptcy (Application to

Adjudicating Authority) Rules, 2016.

IN THE MATTER OF:

MAYFAIR BIOTECH PVT. LTD.

Regd. Office at: 67A/68,

Industrial Area Mehatpur,

District- Una, Himachal Pradesh- 174315.

Ph. No. 9816099175.

Email ID: mayfairbio@gmail.com

... Operational Creditor

VERSUS

GOOD VALUE CHEMICALS PVT. LTD.

Regd. Office at: C 103,

Antriksh Apartments, Sector 14,

Rohini, Delhi 110085.

Ph. No. 9810198565 ... Corporate Debtor

CORAM:

SHRI MAHENDRA KHANDELWAL, HON’BLE MEMBER (JUDICIAL)

DR. SANJEEV RANJAN HON’BLE MEMBER (TECHNICAL)

APPEARANCES:

For the Applicant : Mr. Rajesh Agrawal, Adv For the Respondent : Mr. Ajay Singh, Adv

ORDER

PER: MAHENDRA KHANDELWAL, MEMBER (JUDICIAL)

1. The instant application is filed by Mayfair Biotech Private Limited, (hereinafter referred as ‘Applicant’/ ‘Operational Creditor’) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (for brevity ‘the CODE/IBC’) read with rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 (for brevity ‘the Rule

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