The case pertains to CP (IB) No. 99/Chd/Pb/2021 filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner, Hans Raj Som Nath, is an operational creditor, and the respondent, Amar Parkash Rice Exports Pvt. Ltd., is the corporate debtor. The case was presented through video conferencing.
Hans Raj Som Nath, the petitioner and an operational creditor, filed CP (IB) No. 99/Chd/Pb/2021 against Amar Parkash Rice Exports Pvt. Ltd., the respondent and corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. On 04.10.2021, the Tribunal observed that the petition appeared to be barred by limitation and granted time for the petitioner to take appropriate steps, listing the matter for 10.11.2021. On 10.11.2021, the petitioner's counsel stated that they did not want to proceed with the petition and sought leave to withdraw it. Consequently, the Tribunal dismissed the petition as withdrawn.
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The Tribunal noted that the CP appeared to be…
The petitioner's counsel stated that they did…
The case pertains to CP (IB) No. 99/Chd/Pb/2021 filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner, Hans Raj Som Nath, is an operational creditor, and the respondent, Amar Parkash Rice Exports Pvt. Ltd., is the corporate debtor. The case was presented through video conferencing.
Hans Raj Som Nath, the petitioner and an operational creditor, filed CP (IB) No. 99/Chd/Pb/2021 against Amar Parkash Rice Exports Pvt. Ltd., the respondent and corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. On 04.10.2021, the Tribunal observed that the petition appeared to be barred by limitation and granted time for the petitioner to take appropriate steps, listing the matter for 10.11.2021. On 10.11.2021, the petitioner's counsel stated that they did not want to proceed with the petition and sought leave to withdraw it. Consequently, the Tribunal dismissed the petition as withdrawn.
The Tribunal noted that the CP appeared to be…
The petitioner's counsel stated that they did…