The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel is present, as is the representative of the corporate debtor. The corporate debtor is already undergoing Corporate Insolvency Resolution Process (CIRP) as per an order dated 16.07.2019 in CP 3962/IBC(MB)/2018.
Sandhya Nalavde filed a petition against Chamber Construction Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor, Chamber Construction Pvt. Ltd., was already undergoing CIRP in terms of an order dated 16.07.2019 in CP 3962/IBC(MB)/2018. The petitioner's counsel and the corporate debtor's representative were present during the hearing. The petition was dismissed as withdrawn, with the petitioner having the liberty to lodge their claim before the IRP/RP appointed in the matter of the Corporate Debtor. The fact that the Corporate Debtor was already undergoing CIRP is the key fact that led to the dismissal of the petition.
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Order dated 16.07.2019 in CP…
Order sheet of the…
The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel is present, as is the representative of the corporate debtor. The corporate debtor is already undergoing Corporate Insolvency Resolution Process (CIRP) as per an order dated 16.07.2019 in CP 3962/IBC(MB)/2018.
Sandhya Nalavde filed a petition against Chamber Construction Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor, Chamber Construction Pvt. Ltd., was already undergoing CIRP in terms of an order dated 16.07.2019 in CP 3962/IBC(MB)/2018. The petitioner's counsel and the corporate debtor's representative were present during the hearing. The petition was dismissed as withdrawn, with the petitioner having the liberty to lodge their claim before the IRP/RP appointed in the matter of the Corporate Debtor. The fact that the Corporate Debtor was already undergoing CIRP is the key fact that led to the dismissal of the petition.
Order dated 16.07.2019 in CP…
Order sheet of the…