The case involves an application for withdrawal of a company petition filed by the Operational Creditor, M/s Vishvajit Coal, against the Corporate Debtor, Bharat Potteries Ltd., under Rule-8 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The initial petition was filed under Section 9 of the IBC, 2016.
M/s Vishvajit Coal, the Operational Creditor, initiated a corporate insolvency resolution process against Bharat Potteries Ltd., the Corporate Debtor, by filing a petition under Section 9 of the IBC, 2016. Subsequently, the Operational Creditor filed an application (IA No. 423/JPR/2021) to withdraw the company petition (CP No. (IB)-202/9/JPR/2020). The NCLT Jaipur Bench considered the application and dismissed the petition as withdrawn.
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CP No. (IB)-202/9/JPR/20…
IA No. 423/JP…
The case involves an application for withdrawal of a company petition filed by the Operational Creditor, M/s Vishvajit Coal, against the Corporate Debtor, Bharat Potteries Ltd., under Rule-8 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The initial petition was filed under Section 9 of the IBC, 2016.
M/s Vishvajit Coal, the Operational Creditor, initiated a corporate insolvency resolution process against Bharat Potteries Ltd., the Corporate Debtor, by filing a petition under Section 9 of the IBC, 2016. Subsequently, the Operational Creditor filed an application (IA No. 423/JPR/2021) to withdraw the company petition (CP No. (IB)-202/9/JPR/2020). The NCLT Jaipur Bench considered the application and dismissed the petition as withdrawn.
CP No. (IB)-202/9/JPR/20…
IA No. 423/JP…