These are two connected company appeals. Company Appeal (AT) (CH) (Ins) No.193/2022 challenges the Impugned Order of 04.03.2022, rendered in CP (IB) No. 71/9/AMR/2020, which admitted M/s. PI Data Centers Private Limited into CIRP. This appeal is accompanied by a Condone Delay Application, IA No. 441/2022, due to a 45-day delay. The appellant argues that the delay should be condoned under Section 14 of the Limitation Act, citing the pendency of IA No. 30/2022. Company Appeal (AT) (CH) (Ins) No.192/2022 challenges the Impugned order of 28.04.2022, as it has been rendered in IA No. 30/2022 filed by the appellant in CP (IB) No. 71/9/AMR/2020.
Kalyan Muppaneni, the Appellant, challenged the Impugned Order of 04.03.2022, which admitted M/s. PI Data Centers Private Limited into CIRP. The appeal was filed with a delay of 45 days, leading to a Condone Delay Application, IA No. 441/2022. The Appellant argued that the delay should be condoned under Section 14 of the Limitation Act, citing the pendency of IA No. 30/2022, which sought a direction for the respondents to file application for withdrawal of the CIRP proceedings under Section 12A of the IBC read with Regulation 30A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 on account of the discharge of the whole of the claimed outstanding debt to the Operational Creditor by the Applicant and/or, and to permit the withdrawal of
…Sign in to view the parties.
Order passed in CP (IB)…
IA No. 30/2022 was…
These are two connected company appeals. Company Appeal (AT) (CH) (Ins) No.193/2022 challenges the Impugned Order of 04.03.2022, rendered in CP (IB) No. 71/9/AMR/2020, which admitted M/s. PI Data Centers Private Limited into CIRP. This appeal is accompanied by a Condone Delay Application, IA No. 441/2022, due to a 45-day delay. The appellant argues that the delay should be condoned under Section 14 of the Limitation Act, citing the pendency of IA No. 30/2022. Company Appeal (AT) (CH) (Ins) No.192/2022 challenges the Impugned order of 28.04.2022, as it has been rendered in IA No. 30/2022 filed by the appellant in CP (IB) No. 71/9/AMR/2020.
Kalyan Muppaneni, the Appellant, challenged the Impugned Order of 04.03.2022, which admitted M/s. PI Data Centers Private Limited into CIRP. The appeal was filed with a delay of 45 days, leading to a Condone Delay Application, IA No. 441/2022. The Appellant argued that the delay should be condoned under Section 14 of the Limitation Act, citing the pendency of IA No. 30/2022, which sought a direction for the respondents to file application for withdrawal of the CIRP proceedings under Section 12A of the IBC read with Regulation 30A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 on account of the discharge of the whole of the claimed outstanding debt to the Operational Creditor by the Applicant and/or, and to permit the withdrawal of
…Order passed in CP (IB)…
IA No. 30/2022 was…