The case involves an application filed under Section 12A of the Insolvency and Bankruptcy Code, 2016, seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, Cogencis Information Services Ltd. The CIRP was initiated on 04.01.2021. The Interim Resolution Professional (IRP) received Form FA on 17.01.2021, with the last date for receiving claims being 18.01.2021. The promoters of the company had taken over the company in August 2020 and were unaware of the pending application before the Tribunal. Upon being informed by the IRP, they immediately settled the dues, and the Operational Creditor filed Form-FA through the RP.
Cogencis Information Services Ltd. was undergoing CIRP, initiated on 04.01.2021. The IRP received Form FA on 17.01.2021, and the last date for receiving claims was 18.01.2021. The promoters of the company had taken over in August 2020 and were unaware of the pending application. Upon being informed by the IRP, they settled the dues, and the Operational Creditor filed Form-FA through the RP. Consent Terms were drawn between the parties and filed before the Tribunal. The application for withdrawal of CIRP was filed under Section 12A of the Insolvency and Bankruptcy Code, 2016.
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CIRP agains…
The IRP receiv…
The case involves an application filed under Section 12A of the Insolvency and Bankruptcy Code, 2016, seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, Cogencis Information Services Ltd. The CIRP was initiated on 04.01.2021. The Interim Resolution Professional (IRP) received Form FA on 17.01.2021, with the last date for receiving claims being 18.01.2021. The promoters of the company had taken over the company in August 2020 and were unaware of the pending application before the Tribunal. Upon being informed by the IRP, they immediately settled the dues, and the Operational Creditor filed Form-FA through the RP.
Cogencis Information Services Ltd. was undergoing CIRP, initiated on 04.01.2021. The IRP received Form FA on 17.01.2021, and the last date for receiving claims was 18.01.2021. The promoters of the company had taken over in August 2020 and were unaware of the pending application. Upon being informed by the IRP, they settled the dues, and the Operational Creditor filed Form-FA through the RP. Consent Terms were drawn between the parties and filed before the Tribunal. The application for withdrawal of CIRP was filed under Section 12A of the Insolvency and Bankruptcy Code, 2016.
CIRP agains…
The IRP receiv…