The National Company Law Tribunal, Ahmedabad Bench, comprising of Dr. Deepti Mukesh and Shri Ajai Das Mehrotra, while adjudicating a petition filed in Vrundavan Residency Pvt. Background Facts In 2019, BDH Industries Ltd. filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 bearing CP No 804/2019, seeking initiation of Corporate Insolvency Resolution Process against Mars Remedies …