The case involves a Company Appeal (AT) (Ins) No. 228 of 2020 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant, Anirudha Wankhede, is appealing against Association Road Carriers Ltd. & Anr. The IRP has filed a status report indicating the receipt of eight claims, seven from operational creditors and one from a financial creditor. The appellant's counsel states that the appellant has settled with the operational creditors and is prepared to settle with the financial creditor.
Anirudha Wankhede filed an appeal against Association Road Carriers Ltd. & Anr. before the NCLAT. The IRP's status report revealed eight claims, seven from operational creditors and one from a financial creditor. The appellant claimed to have settled with the operational creditors and was willing to settle with the financial creditor. The Committee of Creditors had not yet been constituted. The appellant was directed to approach the IRP to place the matter before the Adjudicating Authority, and the IRP was temporarily restrained from forming the Committee of Creditors.
Sign in to view the parties.
The IRP filed a status report indicating…
Sign in to view related legal provisions.
The case involves a Company Appeal (AT) (Ins) No. 228 of 2020 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant, Anirudha Wankhede, is appealing against Association Road Carriers Ltd. & Anr. The IRP has filed a status report indicating the receipt of eight claims, seven from operational creditors and one from a financial creditor. The appellant's counsel states that the appellant has settled with the operational creditors and is prepared to settle with the financial creditor.
Anirudha Wankhede filed an appeal against Association Road Carriers Ltd. & Anr. before the NCLAT. The IRP's status report revealed eight claims, seven from operational creditors and one from a financial creditor. The appellant claimed to have settled with the operational creditors and was willing to settle with the financial creditor. The Committee of Creditors had not yet been constituted. The appellant was directed to approach the IRP to place the matter before the Adjudicating Authority, and the IRP was temporarily restrained from forming the Committee of Creditors.
The IRP filed a status report indicating…
Sign in to view related legal provisions.