The application was filed seeking withdrawal of the application under Section 30A(1)(a) of the Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The Hon'ble NCLAT had directed that the application seeking withdrawal was required to be filed within a period of two weeks. The application was filed on 11.02.2020 within a period of two weeks.
An application was filed seeking withdrawal under Section 30A(1)(a) of the Insolvency & Bankruptcy Board of India Regulations, 2016. The Hon'ble NCLAT directed the withdrawal application to be filed within two weeks, and it was filed on 11.02.2020 within that timeframe. The application included Form-FA dated 19.11.2019 and an affidavit from the operational creditor. The representative of the Respondent highlighted the NCLAT order. The CIRP initiated against the Corporate Debtor was withdrawn, the power of suspended directors was restored, and the Interim Resolution Professional was instructed to hand over records and assets to the Corporate Debtor's board.
Sign in to view the parties.
Hearing held on…
The application was filed…
Sign in to view related legal provisions.
The application was filed seeking withdrawal of the application under Section 30A(1)(a) of the Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The Hon'ble NCLAT had directed that the application seeking withdrawal was required to be filed within a period of two weeks. The application was filed on 11.02.2020 within a period of two weeks.
An application was filed seeking withdrawal under Section 30A(1)(a) of the Insolvency & Bankruptcy Board of India Regulations, 2016. The Hon'ble NCLAT directed the withdrawal application to be filed within two weeks, and it was filed on 11.02.2020 within that timeframe. The application included Form-FA dated 19.11.2019 and an affidavit from the operational creditor. The representative of the Respondent highlighted the NCLAT order. The CIRP initiated against the Corporate Debtor was withdrawn, the power of suspended directors was restored, and the Interim Resolution Professional was instructed to hand over records and assets to the Corporate Debtor's board.
Hearing held on…
The application was filed…
Sign in to view related legal provisions.