The case pertains to C.P. (IB) No. 1135/KB/2018 before the National Company Law Tribunal, Kolkata Bench. An order dated 15/01/2019 was passed in C.P. (IB) No. 333/KB/2018, admitting the Corporate Insolvency Resolution Process against the Corporate Debtor. The current application is being considered in light of the previous order.
Vinay Kumar Periwal filed an application against Amrit Feeds Ltd. The Corporate Insolvency Resolution Process (CIRP) had already been initiated against Amrit Feeds Ltd. via an order dated 15/01/2019 in C.P. (IB) No. 333/KB/2018. The court observed that the current application might not be maintainable under Section 11 of the Insolvency and Bankruptcy Code (IBC), 2016, because a CIRP was already in progress against the same corporate debtor. The applicant, Vinay Kumar Periwal, was granted the liberty to submit their claim with the Interim Resolution Professional (IRP) already appointed in the earlier CIRP.
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Order passed in C.P. (IB) No. 333/KB/2018,…
Hearing on the…
The case pertains to C.P. (IB) No. 1135/KB/2018 before the National Company Law Tribunal, Kolkata Bench. An order dated 15/01/2019 was passed in C.P. (IB) No. 333/KB/2018, admitting the Corporate Insolvency Resolution Process against the Corporate Debtor. The current application is being considered in light of the previous order.
Vinay Kumar Periwal filed an application against Amrit Feeds Ltd. The Corporate Insolvency Resolution Process (CIRP) had already been initiated against Amrit Feeds Ltd. via an order dated 15/01/2019 in C.P. (IB) No. 333/KB/2018. The court observed that the current application might not be maintainable under Section 11 of the Insolvency and Bankruptcy Code (IBC), 2016, because a CIRP was already in progress against the same corporate debtor. The applicant, Vinay Kumar Periwal, was granted the liberty to submit their claim with the Interim Resolution Professional (IRP) already appointed in the earlier CIRP.
Order passed in C.P. (IB) No. 333/KB/2018,…
Hearing on the…