The case involves an application (IA No.366/2021) and a corporate insolvency resolution process (CP(IB) No.136/Chd/CHD/2021) filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016, and Rule 11 of the NCLT Rules, 2016. The Central Bank of India, the financial creditor, initiated proceedings against Dinesh Gupta, the personal guarantor.
Central Bank of India, as the financial creditor, initiated a corporate insolvency resolution process against Dinesh Gupta, the personal guarantor. During the hearing, the petitioner's counsel requested to withdraw the instant CP due to certain defects, seeking the liberty to file a fresh CP with better particulars. The court acknowledged the defects and the petitioner's request.
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Filing of IA No.366/2021…
IA No.366/2021 and CP(IB) No.136/Chd/CHD/2021…
The case involves an application (IA No.366/2021) and a corporate insolvency resolution process (CP(IB) No.136/Chd/CHD/2021) filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016, and Rule 11 of the NCLT Rules, 2016. The Central Bank of India, the financial creditor, initiated proceedings against Dinesh Gupta, the personal guarantor.
Central Bank of India, as the financial creditor, initiated a corporate insolvency resolution process against Dinesh Gupta, the personal guarantor. During the hearing, the petitioner's counsel requested to withdraw the instant CP due to certain defects, seeking the liberty to file a fresh CP with better particulars. The court acknowledged the defects and the petitioner's request.
Filing of IA No.366/2021…
IA No.366/2021 and CP(IB) No.136/Chd/CHD/2021…