Flywheel Logistics Solution Private Limited filed an application. A financial creditor filed an application under Section 7 against Flywheel Logistics Solution Private Limited, registered as C.P.No.(IB)-651(ND)/2020. The Section 7 application was admitted on 06.10.2020, leading to the initiation of the Corporate Insolvency Resolution Process (CIRP). The present application sought CIRP against the same corporate applicant. The court noted that since the Section 7 application had already been admitted, no separate order was required for the current application under Section 11 of the Insolvency and Bankruptcy Code 2016.

Flywheel Logistics Solution Private Limited filed an application. A financial creditor filed an application under Section 7 against Flywheel Logistics Solution Private Limited, registered as C.P.No.(IB)-651(ND)/2020. The Section 7 application was admitted on 06.10.2020, leading to the initiation of the Corporate Insolvency Resolution Process (CIRP). The present application sought CIRP against the same corporate applicant. The court noted that since the Section 7 application had already been admitted, no separate order was required for the current application under Section 11 of the Insolvency and Bankruptcy Code 2016.