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High Court of DelhiO.M.P.(MISC.)(COMM.)/1/2019

Riken Corporation v. Castex Technologies Limited

2019-01-07Hon'Ble Mr. Justice Navin Chawla1 pages

$~7 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 1/2019 RIKEN CORPORATION ..... Petitioner Through Ms.Anushka Sharda and Mr.Diviangna Garg, Advs.

versus CASTEX TECHNOLOGIES LIMITED ..... Respondent Through Mr.Sanjay Bhatt, Adv.

CORAM:

HON'BLE MR. JUSTICE NAVIN CHAWLA

O R D E R

% 07.01.2019 I.A. No.26/2019 (Exemption) Allowed, subject to all just exceptions.

O.M.P.(MISC.)(COMM.) 1/2019 I am informed that the proceedings under the Insolvency and Bankruptcy Code, 2016 are pending against the respondent company before the National Company Law Tribunal.

In view of such pendency, the present petition cannot proceed. The same is disposed of giving liberty to the petitioner to file the same afresh depending upon the outcome of the proceedings before the National Company Law Tribunal.

NAVIN CHAWLA, J JANUARY 07, 2019/Arya