The matter pertains to CP/1079/IB/2018, where the Corporate Insolvency Resolution Process (CIRP) was initiated on April 1, 2019, a moratorium was declared, and an Interim Resolution Professional (IRP) was appointed. The applicant and the corporate debtor have settled the matter, as reflected in the report filed by the Resolution Professional on April 22, 2019. The Resolution Professional has not made any public announcement, and their remuneration has been paid.
The CIRP was initiated against Alam Industries India Ltd. on April 1, 2019, due to an application filed under CP/1079/IB/2018. A moratorium was declared, and an IRP was appointed. However, the applicant and Alam Industries India Ltd. subsequently settled the matter. The Resolution Professional filed a report on April 22, 2019, reflecting this settlement. Importantly, the Resolution Professional had not made any public announcement regarding the CIRP. The Resolution Professional's remuneration was also paid. Based on the settlement, a request was made to recall the order initiating the CIRP.
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CIRP initiated against…
Resolution Professional filed a report…
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The matter pertains to CP/1079/IB/2018, where the Corporate Insolvency Resolution Process (CIRP) was initiated on April 1, 2019, a moratorium was declared, and an Interim Resolution Professional (IRP) was appointed. The applicant and the corporate debtor have settled the matter, as reflected in the report filed by the Resolution Professional on April 22, 2019. The Resolution Professional has not made any public announcement, and their remuneration has been paid.
The CIRP was initiated against Alam Industries India Ltd. on April 1, 2019, due to an application filed under CP/1079/IB/2018. A moratorium was declared, and an IRP was appointed. However, the applicant and Alam Industries India Ltd. subsequently settled the matter. The Resolution Professional filed a report on April 22, 2019, reflecting this settlement. Importantly, the Resolution Professional had not made any public announcement regarding the CIRP. The Resolution Professional's remuneration was also paid. Based on the settlement, a request was made to recall the order initiating the CIRP.
CIRP initiated against…
Resolution Professional filed a report…
Sign in to view related legal provisions.