The case involves an application for withdrawal under Section 12(A) of the Insolvency and Bankruptcy Code after admission. The matter was settled out of the Tribunal, and compliance with Section 12(A) form A is submitted. The application's filing has been approved by the Committee of Creditors with a vote share of more than 90%.
The matter CA(IB)809/KB/2018 came up for consideration for withdrawal under Section 12(A) of the Insolvency and Bankruptcy Code after admission. The matter was settled out of the Tribunal. Form A under Section 12(A) was submitted. The filing of the application has been approved by the Committee of Creditors with a vote share of more than 90%. No bank guarantee was produced, and the fees of the Resolution Professional and all resolution costs have been settled. The CP is allowed to be withdrawn.
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Hearing held o…
The case involves an application for withdrawal under Section 12(A) of the Insolvency and Bankruptcy Code after admission. The matter was settled out of the Tribunal, and compliance with Section 12(A) form A is submitted. The application's filing has been approved by the Committee of Creditors with a vote share of more than 90%.
The matter CA(IB)809/KB/2018 came up for consideration for withdrawal under Section 12(A) of the Insolvency and Bankruptcy Code after admission. The matter was settled out of the Tribunal. Form A under Section 12(A) was submitted. The filing of the application has been approved by the Committee of Creditors with a vote share of more than 90%. No bank guarantee was produced, and the fees of the Resolution Professional and all resolution costs have been settled. The CP is allowed to be withdrawn.
Hearing held o…