Daily Status
Special Courts for Trial and Disposal of Commercial Disputes, Andhra Pradesh
Case No : COS - 25/2018
Diary No : 3653605001922018
Aster Private Limited Rep. by its authorized Signatory Mr.V.Rama Murthy VS IDBI Bank, Specialised Corporate Trade Finance Department
Listing Date : 24/06/2022
Date 24/06/2022   Court No. 1
Proceedings Summery Claim of the plaintiff was dismissed long ago. The matter is pending only in respect of counter claim against the plaintiff. Memo filed by counsel for D1 states that the IRP issued notice to D1 asking it to make payment . The defendant has submitted form B on 12.02.2020 before CIRP. Thereafter there has been no representation to the defendant. Issue notice issued two years passed after submission of Form B U/ Regulation 7 of I&B (IRP) Regulary 2016, The same could have been adjudicated by this time. There is no justification for continuing he suit as the defendant is not being represented despite several conditional orders and hence counter claim of the defendant is also dismissed, for default. Stage Of Case Stay