The case involves Ultratech Cement Ltd versus Aniirudh Civil Engineers & Contractors Pvt Ltd. An order was issued regarding a Company Petition under Section 9 of the Insolvency & Bankruptcy Code, 2016. A prior order dated 14.10.2019 in CP(IB)-3991(MB)/2018 had already commenced Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor.
Ultratech Cement Ltd filed a Company Petition against Aniirudh Civil Engineers & Contractors Pvt Ltd. Prior to the hearing, CIRP had already commenced against Aniirudh Civil Engineers & Contractors Pvt Ltd via an order dated 14.10.2019 in CP(IB)-3991(MB)/2018. The court noted that because CIRP was already underway, the present petition was rendered infructuous. The Operational Creditor was granted the liberty to file a claim before the IRP.
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An order was issued in…
Hearing held where the…
The case involves Ultratech Cement Ltd versus Aniirudh Civil Engineers & Contractors Pvt Ltd. An order was issued regarding a Company Petition under Section 9 of the Insolvency & Bankruptcy Code, 2016. A prior order dated 14.10.2019 in CP(IB)-3991(MB)/2018 had already commenced Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor.
Ultratech Cement Ltd filed a Company Petition against Aniirudh Civil Engineers & Contractors Pvt Ltd. Prior to the hearing, CIRP had already commenced against Aniirudh Civil Engineers & Contractors Pvt Ltd via an order dated 14.10.2019 in CP(IB)-3991(MB)/2018. The court noted that because CIRP was already underway, the present petition was rendered infructuous. The Operational Creditor was granted the liberty to file a claim before the IRP.
An order was issued in…
Hearing held where the…