The case involves M/s. Farhiktegan Zarnam Research and Ind. Group Co. as the petitioner (operational creditor) and M/s. Aventura Copmponents Pvt. Ltd. as the respondent. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC).
M/s. Farhiktegan Zarnam Research and Ind. Group Co. filed a petition against M/s. Aventura Copmponents Pvt. Ltd. under Section 9 of the IBC. The operational creditor's counsel submitted that CIRP had been initiated against the respondent in IB No. 2484/ND/2019 on 2021-03-12, rendering the current petition infructuous. The initiation of CIRP is a key fact that led to the dismissal of the petition.
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The case involves M/s. Farhiktegan Zarnam Research and Ind. Group Co. as the petitioner (operational creditor) and M/s. Aventura Copmponents Pvt. Ltd. as the respondent. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC).
M/s. Farhiktegan Zarnam Research and Ind. Group Co. filed a petition against M/s. Aventura Copmponents Pvt. Ltd. under Section 9 of the IBC. The operational creditor's counsel submitted that CIRP had been initiated against the respondent in IB No. 2484/ND/2019 on 2021-03-12, rendering the current petition infructuous. The initiation of CIRP is a key fact that led to the dismissal of the petition.
CIRP initiated against…
CIRP initiate…
Sign in to view related legal provisions.