M/s OM Logistics Ltd., the Operational Creditor, initiated insolvency proceedings against M/s Brajkon Organics Pvt. Ltd., the Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016. An admission order was passed on 30.01.2020 in C.P.38/2019. Subsequently, a settlement was reached between the parties. M/s OM Logistics Ltd. submitted Form FA and paid the CIRP costs to the Interim Resolution Professional (IRP), Mr. Amit Pareek. Consequently, an application (I.A. No. 15 of 2020) was filed for the withdrawal of the admission order. The payment of CIRP costs and the submission of Form FA are key facts indicating the completion of the settlement process.

M/s OM Logistics Ltd., the Operational Creditor, initiated insolvency proceedings against M/s Brajkon Organics Pvt. Ltd., the Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016. An admission order was passed on 30.01.2020 in C.P.38/2019. Subsequently, a settlement was reached between the parties. M/s OM Logistics Ltd. submitted Form FA and paid the CIRP costs to the Interim Resolution Professional (IRP), Mr. Amit Pareek. Consequently, an application (I.A. No. 15 of 2020) was filed for the withdrawal of the admission order. The payment of CIRP costs and the submission of Form FA are key facts indicating the completion of the settlement process.