The case involves a company petition/application under CP(IB) No.328/7/HDB/2020 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The Corporate Debtor was already admitted in another CP bearing CP(IB)No313/7/HDB/2020 by order dated 18.01.2021.
The key facts are as follows: BP Ferrium Industries Pvt Ltd is the company involved. Bharani Commodities Pvt Ltd is the petitioner. BP Ferrium Industries Pvt Ltd is also the respondent. The case is under Section 7 of the IBC. The Corporate Debtor was already admitted into CIRP under CP(IB)No313/7/HDB/2020 by order dated 18.01.2021. The Financial Creditor is granted liberty to approach the IRP/RP in the existing CIRP proceedings. The Operational Creditor is granted liberty to get the petition revised if the CIRP is set aside.
Sign in to view the parties.
Hearing of the National Company Law Tribunal,…
Corporate Debtor already admitted in other CP…
The case involves a company petition/application under CP(IB) No.328/7/HDB/2020 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The Corporate Debtor was already admitted in another CP bearing CP(IB)No313/7/HDB/2020 by order dated 18.01.2021.
The key facts are as follows: BP Ferrium Industries Pvt Ltd is the company involved. Bharani Commodities Pvt Ltd is the petitioner. BP Ferrium Industries Pvt Ltd is also the respondent. The case is under Section 7 of the IBC. The Corporate Debtor was already admitted into CIRP under CP(IB)No313/7/HDB/2020 by order dated 18.01.2021. The Financial Creditor is granted liberty to approach the IRP/RP in the existing CIRP proceedings. The Operational Creditor is granted liberty to get the petition revised if the CIRP is set aside.
Hearing of the National Company Law Tribunal,…
Corporate Debtor already admitted in other CP…