The case involves a Company Appeal filed under Section 61 of the Insolvency and Bankruptcy Code, 2016, arising from an Impugned Order dated 23.06.2023 passed by the National Company Law Tribunal, Bengaluru Bench, in C.P.(IB) No.97/BB/2022. The parties filed a joint application stating they had settled their disputes and sought to set aside the Impugned Order to facilitate the execution and implementation of the settlement.
Mohankumar Singapura Jayanna, the Suspended Director of M/s. Mantri Techzone Pvt. Ltd., filed an appeal against the Impugned Order dated 23.06.2023 in C.P.(IB) No.97/BB/2022 passed by the National Company Law Tribunal, Bengaluru Bench. Indiabulls Housing Finance Ltd. and Rajesh Kumar Parakh, the IRP of M/s Mantri Techzone Pvt. Ltd., were the respondents. The parties jointly filed IA No.778 of 2023 stating that they had settled their disputes and sought to set aside the Impugned Order to facilitate the execution and implementation of the settlement. The key fact is the settlement between the parties, which led to the appeal being allowed and the Impugned Order being set aside.
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Date of the Impugned Order in C.P.(IB)…
Date of the order passed by the National Company…
The case involves a Company Appeal filed under Section 61 of the Insolvency and Bankruptcy Code, 2016, arising from an Impugned Order dated 23.06.2023 passed by the National Company Law Tribunal, Bengaluru Bench, in C.P.(IB) No.97/BB/2022. The parties filed a joint application stating they had settled their disputes and sought to set aside the Impugned Order to facilitate the execution and implementation of the settlement.
Mohankumar Singapura Jayanna, the Suspended Director of M/s. Mantri Techzone Pvt. Ltd., filed an appeal against the Impugned Order dated 23.06.2023 in C.P.(IB) No.97/BB/2022 passed by the National Company Law Tribunal, Bengaluru Bench. Indiabulls Housing Finance Ltd. and Rajesh Kumar Parakh, the IRP of M/s Mantri Techzone Pvt. Ltd., were the respondents. The parties jointly filed IA No.778 of 2023 stating that they had settled their disputes and sought to set aside the Impugned Order to facilitate the execution and implementation of the settlement. The key fact is the settlement between the parties, which led to the appeal being allowed and the Impugned Order being set aside.
Date of the Impugned Order in C.P.(IB)…
Date of the order passed by the National Company…