An application was filed seeking the withdrawal of the Corporate Insolvency Resolution Process (CIRP) against Nextgen Infratel Private Limited.
An application was filed seeking the withdrawal of the CIRP against Nextgen Infratel Private Limited.
The CoC, comprising the Operational Creditor and the Income Tax Department, passed a resolution with 100% voting in favor of the withdrawal.
The Resolution Professional was authorized to file the necessary application before the NCLT.
The CoC gave 100% consent for the withdrawal as per Section 12A of the Code.
The entire CIRP cost of Rs. 3 Lakh has been paid.
The NCLT allowed the application filed under Section 12A of the Code, and the CIRP was withdrawn.
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Date of the order…
CP (IB) No.483/…
An application was filed seeking the withdrawal of the Corporate Insolvency Resolution Process (CIRP) against Nextgen Infratel Private Limited.
An application was filed seeking the withdrawal of the CIRP against Nextgen Infratel Private Limited.
The CoC, comprising the Operational Creditor and the Income Tax Department, passed a resolution with 100% voting in favor of the withdrawal.
The Resolution Professional was authorized to file the necessary application before the NCLT.
The CoC gave 100% consent for the withdrawal as per Section 12A of the Code.
The entire CIRP cost of Rs. 3 Lakh has been paid.
The NCLT allowed the application filed under Section 12A of the Code, and the CIRP was withdrawn.
Date of the order…
CP (IB) No.483/…