The case involves an application under the Insolvency and Bankruptcy Code. The Operational Creditor filed a petition, CP(IB) 857/9/NCLT/AHM/2019, before the National Company Law Tribunal (NCLT), Ahmedabad Bench. During the proceedings, it was brought to the NCLT's attention that a Corporate Insolvency Resolution Process (CIRP) had already been initiated against the same Corporate Debtor, Dhanurdhar Processors Pvt. Ltd., vide an order dated 2020-06-05 in CP(IB) No. 357/9/NCLT/AHM/2018.
The Operational Creditor, represented by Ms. Khyati Punjabi, filed a petition CP(IB) 857/9/NCLT/AHM/2019 against Dhanurdhar Processors Pvt Ltd. Mr. Dhiren Dave appeared for the Corporate Debtor. The Operational Creditor's counsel informed the NCLT that a Corporate Insolvency Resolution Process (CIRP) had already commenced against the same Corporate Debtor, Dhanurdhar Processors Pvt. Ltd., under CP(IB) No. 357/9/NCLT/AHM/2018, with an order dated 2020-06-05. Given the existing CIRP, the NCLT deemed the current petition infructuous.
Sign in to view the parties.
Corporate Insolvency Resolution Process…
Order passed in CP(IB) No.…
Sign in to view related legal provisions.
The case involves an application under the Insolvency and Bankruptcy Code. The Operational Creditor filed a petition, CP(IB) 857/9/NCLT/AHM/2019, before the National Company Law Tribunal (NCLT), Ahmedabad Bench. During the proceedings, it was brought to the NCLT's attention that a Corporate Insolvency Resolution Process (CIRP) had already been initiated against the same Corporate Debtor, Dhanurdhar Processors Pvt. Ltd., vide an order dated 2020-06-05 in CP(IB) No. 357/9/NCLT/AHM/2018.
The Operational Creditor, represented by Ms. Khyati Punjabi, filed a petition CP(IB) 857/9/NCLT/AHM/2019 against Dhanurdhar Processors Pvt Ltd. Mr. Dhiren Dave appeared for the Corporate Debtor. The Operational Creditor's counsel informed the NCLT that a Corporate Insolvency Resolution Process (CIRP) had already commenced against the same Corporate Debtor, Dhanurdhar Processors Pvt. Ltd., under CP(IB) No. 357/9/NCLT/AHM/2018, with an order dated 2020-06-05. Given the existing CIRP, the NCLT deemed the current petition infructuous.
Corporate Insolvency Resolution Process…
Order passed in CP(IB) No.…
Sign in to view related legal provisions.