The instant application was filed under Section 12A r.w 30A of the IB Code through IRP for withdrawal of the CP(IB)186/2019. The IRP, Mr. Bhupendra Singh, submitted that claims were invited, but no claim has been received, even from the Operational Creditor. The application was filed for withdrawal of CP(IB) 186 of 2019.
An application was filed under Section 12A r.w 30A of the IB Code for withdrawal of the Corporate Insolvency Resolution Process (CIRP) for ALF Constructions Pvt Ltd. The Interim Resolution Professional (IRP), Bhupendra Singh, stated that no claims were received despite inviting them. The Operational Creditor signed Form-FA, notarized on 2021-01-25, for withdrawal. The NCLT considered the Supreme Court's observation in Swiss Ribbons Pvt. Ltd. & Anr. Vs. Union of India & Ors., which allows for withdrawal before the constitution of the Committee of Creditors (COC).
Sign in to view the parties.
Original Corporate…
Form-FA filed by the IRP,…
The instant application was filed under Section 12A r.w 30A of the IB Code through IRP for withdrawal of the CP(IB)186/2019. The IRP, Mr. Bhupendra Singh, submitted that claims were invited, but no claim has been received, even from the Operational Creditor. The application was filed for withdrawal of CP(IB) 186 of 2019.
An application was filed under Section 12A r.w 30A of the IB Code for withdrawal of the Corporate Insolvency Resolution Process (CIRP) for ALF Constructions Pvt Ltd. The Interim Resolution Professional (IRP), Bhupendra Singh, stated that no claims were received despite inviting them. The Operational Creditor signed Form-FA, notarized on 2021-01-25, for withdrawal. The NCLT considered the Supreme Court's observation in Swiss Ribbons Pvt. Ltd. & Anr. Vs. Union of India & Ors., which allows for withdrawal before the constitution of the Committee of Creditors (COC).
Original Corporate…
Form-FA filed by the IRP,…