The Company Appeal (AT) (Insolvency) No. 13 of 2020 was filed when the Interim Resolution Professional (IRP) only partly admitted the claims of the Appellants. The Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor is at the stage of liquidation. The Appellants have filed or would be filing their claims with the Liquidator. The Appellants decided to withdraw the Appeal.
Sathyam Procon Pvt. Ltd. & Ors. filed Company Appeal (AT) (Insolvency) No. 13 of 2020 against EPC Constructions India Ltd. & Ors. The appeal was initially filed because the Interim Resolution Professional (IRP) only partly admitted the claims of the Appellants. However, the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor reached the stage of liquidation. Consequently, the Appellants decided to withdraw the Appeal. The Affidavit for withdrawal was filed by Director Shri Mahesh Dievasigamani. The Liquidator submitted that other appeals would also become infructuous. The court disposed of the appeal as withdrawn without liberty to challenge the same impugned order.
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Advocate Shri Utkarsh Singh was heard. The…
The Appellants decided to withdraw the Appeal…
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The Company Appeal (AT) (Insolvency) No. 13 of 2020 was filed when the Interim Resolution Professional (IRP) only partly admitted the claims of the Appellants. The Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor is at the stage of liquidation. The Appellants have filed or would be filing their claims with the Liquidator. The Appellants decided to withdraw the Appeal.
Sathyam Procon Pvt. Ltd. & Ors. filed Company Appeal (AT) (Insolvency) No. 13 of 2020 against EPC Constructions India Ltd. & Ors. The appeal was initially filed because the Interim Resolution Professional (IRP) only partly admitted the claims of the Appellants. However, the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor reached the stage of liquidation. Consequently, the Appellants decided to withdraw the Appeal. The Affidavit for withdrawal was filed by Director Shri Mahesh Dievasigamani. The Liquidator submitted that other appeals would also become infructuous. The court disposed of the appeal as withdrawn without liberty to challenge the same impugned order.
Advocate Shri Utkarsh Singh was heard. The…
The Appellants decided to withdraw the Appeal…
Sign in to view related legal provisions.