The document refers to three Company Appeals (AT) (Insolvency) numbered 1150, 1151, and 1170, all of 2023. Appeal 1170 was filed by the Suspended Director of the Corporate Debtor challenging an order dated 30.08.2023, which admitted a Section 7 application. Appeals 1150 and 1151 were filed by Corporate Guarantors of the Corporate Debtor. An IA No.2153 of 2024 was filed in Appeal 1170, bringing on record a Settlement Agreement dated 08.11.2023 and a No-Dues Certificate dated 07.03.2024 issued by the Financial Creditor.
Company Appeal (AT) (Insolvency) No. 1170 of 2023 was filed by the Suspended Director of the Corporate Debtor, challenging an order dated 30.08.2023, which admitted a Section 7 application. Company Appeal (AT) (Insolvency) Nos. 1150 and 1151 of 2023 were filed by Corporate Guarantors of the Corporate Debtor. An IA No. 2153 of 2024 was filed in Company Appeal (AT) (Insolvency) No. 1170 of 2023, bringing on record a Settlement Agreement dated 08.11.2023 and a No-Dues Certificate dated 07.03.2024 issued by the Financial Creditor. The Counsel for the Financial Creditor stated that the entire payment had been made. The Counsel for the IRP stated that the IRP is entitled to fees and expenses, as contemplated in the Settlement Agreement. The Appellants sought liberty to
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Date of the order challenged in Company Appeal…
Date of the Settlement…
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The document refers to three Company Appeals (AT) (Insolvency) numbered 1150, 1151, and 1170, all of 2023. Appeal 1170 was filed by the Suspended Director of the Corporate Debtor challenging an order dated 30.08.2023, which admitted a Section 7 application. Appeals 1150 and 1151 were filed by Corporate Guarantors of the Corporate Debtor. An IA No.2153 of 2024 was filed in Appeal 1170, bringing on record a Settlement Agreement dated 08.11.2023 and a No-Dues Certificate dated 07.03.2024 issued by the Financial Creditor.
Company Appeal (AT) (Insolvency) No. 1170 of 2023 was filed by the Suspended Director of the Corporate Debtor, challenging an order dated 30.08.2023, which admitted a Section 7 application. Company Appeal (AT) (Insolvency) Nos. 1150 and 1151 of 2023 were filed by Corporate Guarantors of the Corporate Debtor. An IA No. 2153 of 2024 was filed in Company Appeal (AT) (Insolvency) No. 1170 of 2023, bringing on record a Settlement Agreement dated 08.11.2023 and a No-Dues Certificate dated 07.03.2024 issued by the Financial Creditor. The Counsel for the Financial Creditor stated that the entire payment had been made. The Counsel for the IRP stated that the IRP is entitled to fees and expenses, as contemplated in the Settlement Agreement. The Appellants sought liberty to
…Date of the order challenged in Company Appeal…
Date of the Settlement…
Sign in to view related legal provisions.