The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. An application under Section 12(a) read with Regulation 30(a) of IBBI Regulation has been filed by the counsel for the Resolution Professional seeking withdrawal of the application.
M/s Bhala Finance Pvt. Ltd. filed an application under Section 7 of the IBC, 2016, against M/s Sokhal Dream Builder LLP. Subsequently, an application was filed under Section 12(a) read with Regulation 30(a) of IBBI Regulation by the counsel for the Resolution Professional seeking withdrawal of the initial application. This withdrawal application was supported by a letter dated 28.11.2019 from the director of the Financial Creditor/Applicant. The court considered the withdrawal application and the accompanying documents.
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Reference to an earlier…
Letter from the director of the Financial…
The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. An application under Section 12(a) read with Regulation 30(a) of IBBI Regulation has been filed by the counsel for the Resolution Professional seeking withdrawal of the application.
M/s Bhala Finance Pvt. Ltd. filed an application under Section 7 of the IBC, 2016, against M/s Sokhal Dream Builder LLP. Subsequently, an application was filed under Section 12(a) read with Regulation 30(a) of IBBI Regulation by the counsel for the Resolution Professional seeking withdrawal of the initial application. This withdrawal application was supported by a letter dated 28.11.2019 from the director of the Financial Creditor/Applicant. The court considered the withdrawal application and the accompanying documents.
Reference to an earlier…
Letter from the director of the Financial…