The case involves a hearing at the National Company Law Tribunal (NCLT), Chennai Bench, concerning an application under the Insolvency and Bankruptcy Code (IBC). The Resolution Professional and Counsel for the Corporate Debtor are present. The Corporate Debtor has expressed willingness to settle the debt.
The hearing took place at the National Company Law Tribunal, Chennai Bench. The application number is MA/232/2019, and the petition number is CP/472/(IB)/2017. R. Venkatakrishnan is the petitioner, and BKR Hotels and Resorts Pvt Ltd is the respondent. The case is under Section 33 of the IBC. The Corporate Debtor's counsel expressed willingness to settle the debt. The court directed the Corporate Debtor to make a representation to the RP within two working days, and the RP to convene a CoC meeting within a week to consider the proposal. The outcome is to be reported on 01.05.2019.
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CP/472/(IB)…
Hearing held…
The case involves a hearing at the National Company Law Tribunal (NCLT), Chennai Bench, concerning an application under the Insolvency and Bankruptcy Code (IBC). The Resolution Professional and Counsel for the Corporate Debtor are present. The Corporate Debtor has expressed willingness to settle the debt.
The hearing took place at the National Company Law Tribunal, Chennai Bench. The application number is MA/232/2019, and the petition number is CP/472/(IB)/2017. R. Venkatakrishnan is the petitioner, and BKR Hotels and Resorts Pvt Ltd is the respondent. The case is under Section 33 of the IBC. The Corporate Debtor's counsel expressed willingness to settle the debt. The court directed the Corporate Debtor to make a representation to the RP within two working days, and the RP to convene a CoC meeting within a week to consider the proposal. The outcome is to be reported on 01.05.2019.
CP/472/(IB)…
Hearing held…