Authority: National Company Law Tribunal Mumbai Bench Court II
Order Date: July 15, 2026
Case Overview
The National Company Law Tribunal (NCLT) Mumbai Bench Court II heard matter C.P. (IB)/958(MB)2025 filed under Section 95(1) of the Insolvency and Bankruptcy Code (IBC). The petition was filed by Modesto Logistics & Cargo Private Limited against Mohammad Yusuf Mohammad Yaseen. During the hybrid hearing on July 15, 2026, the matter was called twice but there was no representation from either the petitioner (Modesto Logistics & Cargo Private Limited) or the respondent (Mohammad Yusuf Mohammad Yaseen). The bench observed that the petitioner showed no interest in prosecuting the matter further.
Final Outcome
The NCLT Mumbai Bench dismissed the insolvency petition C.P. (IB)/958(MB)2025 for non-prosecution. The order was signed by Hon'ble Member (Technical) Shri Sanjiv Dutt and Hon'ble Member (Judicial) Shri Ashish Kalia.
Topics: Insolvency Proceedings, Legal Dismissal