The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning a Corporate Insolvency Resolution Process (CIRP). The matter was initially before the National Company Law Tribunal (NCLT), Kolkata. The appeal was filed against an impugned order dated 22.01.2020 passed in C.P.(IB) No. 182/KB/2019.
Pawan Kumar Agarwal (Appellant) filed an appeal before the NCLAT against Aanchal Ispat Ltd. & Anr. (Respondents). The matter pertains to a Corporate Insolvency Resolution Process (CIRP). During the proceedings, the parties informed the tribunal that a settlement had been reached. As part of the settlement, the Appellant produced a Demand Draft dated 13.03.2020 for Rs. 2,11,17,808/- in favor of the 1st Respondent, Anchal Ispat Ltd. The Demand Draft was handed over to the Respondent's counsel. The Committee of Creditors had not been constituted. The impugned order dated 22.01.2020 passed in C.P.(IB) No. 182/KB/2019 and the Application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, were set aside and withdrawn, respectively. The Corporate Debtor
…Sign in to view the parties.
Date of the impugned…
Appellant produced a Demand Draft dated…
The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning a Corporate Insolvency Resolution Process (CIRP). The matter was initially before the National Company Law Tribunal (NCLT), Kolkata. The appeal was filed against an impugned order dated 22.01.2020 passed in C.P.(IB) No. 182/KB/2019.
Pawan Kumar Agarwal (Appellant) filed an appeal before the NCLAT against Aanchal Ispat Ltd. & Anr. (Respondents). The matter pertains to a Corporate Insolvency Resolution Process (CIRP). During the proceedings, the parties informed the tribunal that a settlement had been reached. As part of the settlement, the Appellant produced a Demand Draft dated 13.03.2020 for Rs. 2,11,17,808/- in favor of the 1st Respondent, Anchal Ispat Ltd. The Demand Draft was handed over to the Respondent's counsel. The Committee of Creditors had not been constituted. The impugned order dated 22.01.2020 passed in C.P.(IB) No. 182/KB/2019 and the Application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, were set aside and withdrawn, respectively. The Corporate Debtor
…Date of the impugned…
Appellant produced a Demand Draft dated…