The case pertains to CP No.(IB)108/ALD/2018 filed by Ashtech Buildpro India Pvt. Ltd. as an Operational Creditor against B.S. Techno Construct Pvt. Ltd., styled as the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) commenced on 25.0.2018 following an admission order, and an Interim Resolution Professional (IRP) was appointed. The IRP constituted a Committee of Creditors (COC) consisting of only one financial creditor.
Ashtech Buildpro India Pvt. Ltd. filed CP No.(IB)108/ALD/2018 against B.S. Techno Construct Pvt. Ltd. as an Operational Creditor. The CIRP commenced on 25.0.2018, and an IRP was appointed. The IRP formed a COC with only one financial creditor. The Operational Creditor, initially represented by Mr. Harshit Kumar, later by Mr. Chanchal Chaudhary, filed Form-FA to withdraw the application. The COC approved the withdrawal with 100% voting on 28.09.2018. The IRP, based on Form-FA and the COC's resolution, applied under regulation 30(A) for permission to withdraw. No expression of interest had been issued so far. The RP filed CA No.283/2018 U/s 12(A) of I & B Code, 2016 read with regulation 30(A) of Insolvency & Bankruptcy Board of India (Insolvency Resolution
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The Authority commenced the CIRP in respect of…
The COC approved the withdrawal of the…
The case pertains to CP No.(IB)108/ALD/2018 filed by Ashtech Buildpro India Pvt. Ltd. as an Operational Creditor against B.S. Techno Construct Pvt. Ltd., styled as the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) commenced on 25.0.2018 following an admission order, and an Interim Resolution Professional (IRP) was appointed. The IRP constituted a Committee of Creditors (COC) consisting of only one financial creditor.
Ashtech Buildpro India Pvt. Ltd. filed CP No.(IB)108/ALD/2018 against B.S. Techno Construct Pvt. Ltd. as an Operational Creditor. The CIRP commenced on 25.0.2018, and an IRP was appointed. The IRP formed a COC with only one financial creditor. The Operational Creditor, initially represented by Mr. Harshit Kumar, later by Mr. Chanchal Chaudhary, filed Form-FA to withdraw the application. The COC approved the withdrawal with 100% voting on 28.09.2018. The IRP, based on Form-FA and the COC's resolution, applied under regulation 30(A) for permission to withdraw. No expression of interest had been issued so far. The RP filed CA No.283/2018 U/s 12(A) of I & B Code, 2016 read with regulation 30(A) of Insolvency & Bankruptcy Board of India (Insolvency Resolution
…The Authority commenced the CIRP in respect of…
The COC approved the withdrawal of the…