The case involves an application for withdrawal of the Corporate Insolvency Resolution Process (CIRP) filed by the original Operational Creditor. The Interim Resolution Professional (IRP) had not taken any steps in the CIRP process. IA 26 of 2021 was filed for the withdrawal of CIRP.
Salem Stainless Steel Suppliers Pvt Ltd filed an application against Cooltech Containers Pvt Ltd. IA 26 of 2021 was filed by the original Operational Creditor for withdrawal of CIRP. The IRP had not taken any steps in the CIRP process. The court replaced the existing IRP with Mr. Rajubhai Patel, Registration No.IBBI / IPA-003/IP-N00031/2017-18/10259. The erstwhile IRP is directed to handover all the documents / records to the new IRP forthwith.
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The case involves an application for withdrawal of the Corporate Insolvency Resolution Process (CIRP) filed by the original Operational Creditor. The Interim Resolution Professional (IRP) had not taken any steps in the CIRP process. IA 26 of 2021 was filed for the withdrawal of CIRP.
Salem Stainless Steel Suppliers Pvt Ltd filed an application against Cooltech Containers Pvt Ltd. IA 26 of 2021 was filed by the original Operational Creditor for withdrawal of CIRP. The IRP had not taken any steps in the CIRP process. The court replaced the existing IRP with Mr. Rajubhai Patel, Registration No.IBBI / IPA-003/IP-N00031/2017-18/10259. The erstwhile IRP is directed to handover all the documents / records to the new IRP forthwith.
Order delivered on the…