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Order Passed by Sec 7
Hon’ble NCLT Ahemdabad Bench
IN THE NATIONAL COMPANY LAW TRIBUNAL
AHMEDABAD BENCH
C.P. (I.B.) No. 32/7/NCLT/AHM/2017
Decided On: 21.07.2017
Applicant: SREI Infrastructure Finance Ltd.
Vs.
Respondent: K.S. Oils Ltd.
Judges/Coram:
Hon'ble Sh. Bikki Raveendra Babu, Member (J)
Counsels:
For Appellant/Petitioner/Plaintiff: Sandeep Singhi and Mihir Parikh, Learned Advocates for Singhi &
Co.
For Respondents/Defendant: Basant Agarwal, Learned Advocate
ORDER
Hon'ble Sh. Bikki Raveendra Babu, Member (J)
Learned Advocate Mr. Sandeep Singhi with Learned Advocate Mr. Mihir Parikh with Learned Advocate
Mr. Pravin Dabhi with Learned Advocate Ms. Rashmi Sapkal present for Financial Creditor/Applicant.
None present for Respondent.
Order pronounced in open Court. Vide separate sheet.
1. M/s. SREI Infrastructure Finance Limited filed this Application invoking Section 7 of the Insolvency
and Bankruptcy Code, 2016 ("Code") in respect of M/s. K.S. Oils Limited.
2. Applicant is a Company registered under the Companies Act. Mr. Somraj Mukherjee filed this
Application on behalf of the Applicant by virtue of Power of Attorney dated 20th March, 2017 given by
the Applicant.
3. M/s. K.S. Oils Limited/Respondent is a Company registered under the Companies Act.
4. The facts in brief, that are necessary for disposal of this Application, are as follows;
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