The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Tinita Engineering Private Limited, the Operational Creditor, against KPR Industries (India) Limited, the Corporate Debtor. The petition was filed due to an alleged default in payment. The case was heard over multiple dates, and ultimately, the parties reached a settlement.
Tinita Engineering Private Limited, the Operational Creditor, filed a petition against KPR Industries (India) Limited, the Corporate Debtor, under Section 9 of the IBC. The petition was filed due to an alleged default in payment. The case was heard on multiple dates: 2018-10-12, 2018-11-01, 2018-11-26, 2018-12-17, 2019-01-07, 2019-01-30, 2019-02-21, 2019-03-14, 2019-04-09, 2019-05-01, and 2019-05-13. Before the petition was admitted, the parties reached a settlement. The Operational Creditor then filed a memo on 2019-05-13, informing the Tribunal that the matter had been settled and requesting to withdraw the petition. The court recorded the memo and granted permission to withdraw the petition.
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Hearing o…
Hearing o…
The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Tinita Engineering Private Limited, the Operational Creditor, against KPR Industries (India) Limited, the Corporate Debtor. The petition was filed due to an alleged default in payment. The case was heard over multiple dates, and ultimately, the parties reached a settlement.
Tinita Engineering Private Limited, the Operational Creditor, filed a petition against KPR Industries (India) Limited, the Corporate Debtor, under Section 9 of the IBC. The petition was filed due to an alleged default in payment. The case was heard on multiple dates: 2018-10-12, 2018-11-01, 2018-11-26, 2018-12-17, 2019-01-07, 2019-01-30, 2019-02-21, 2019-03-14, 2019-04-09, 2019-05-01, and 2019-05-13. Before the petition was admitted, the parties reached a settlement. The Operational Creditor then filed a memo on 2019-05-13, informing the Tribunal that the matter had been settled and requesting to withdraw the petition. The court recorded the memo and granted permission to withdraw the petition.
Hearing o…
Hearing o…