The document pertains to two applications, IA-2622/ND/2021 and IA-2618/ND/2021, filed before the National Company Law Tribunal (NCLT), New Delhi. IA-2622/ND/2021 is Form-2 filed by the Interim Resolution Professional (IRP) in pursuance of the order initiating Corporate Insolvency Resolution Process (CIRP). IA-2618/ND/2021 is an application filed by the IRP under Section 12A seeking withdrawal of insolvency application filed by the Financial Creditor.
Huangyan Zhedong Rubber Auxiliary Imo./Exp.Co.Ltd. was undergoing Corporate Insolvency Resolution Process (CIRP). The Interim Resolution Professional (IRP) filed Form-2 in pursuance of the order initiating CIRP. The IRP also filed an application under Section 12A seeking withdrawal of the insolvency application, with the consent of the applicant in Form-FA. A settlement deed was executed on 2021-06-12. The counsel stated that all IRP fees and expenses were paid. The CIRP was initiated against the Corporate Debtor, Huangyan Zhedong Rubber Auxiliary Imo./Exp.Co.Ltd., based on an application IB-3393/ND/2019.
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The document pertains to two applications, IA-2622/ND/2021 and IA-2618/ND/2021, filed before the National Company Law Tribunal (NCLT), New Delhi. IA-2622/ND/2021 is Form-2 filed by the Interim Resolution Professional (IRP) in pursuance of the order initiating Corporate Insolvency Resolution Process (CIRP). IA-2618/ND/2021 is an application filed by the IRP under Section 12A seeking withdrawal of insolvency application filed by the Financial Creditor.
Huangyan Zhedong Rubber Auxiliary Imo./Exp.Co.Ltd. was undergoing Corporate Insolvency Resolution Process (CIRP). The Interim Resolution Professional (IRP) filed Form-2 in pursuance of the order initiating CIRP. The IRP also filed an application under Section 12A seeking withdrawal of the insolvency application, with the consent of the applicant in Form-FA. A settlement deed was executed on 2021-06-12. The counsel stated that all IRP fees and expenses were paid. The CIRP was initiated against the Corporate Debtor, Huangyan Zhedong Rubber Auxiliary Imo./Exp.Co.Ltd., based on an application IB-3393/ND/2019.
Bench passed t…
Settlement…