The case involves an application CA(IB) No. 1513/KB/2019 filed by the Financial Creditor under Rule 11 of the NCLT Rules, 2016, seeking withdrawal of the main CP (Company Petition) on the ground of settlement of the dispute between the parties. The Committee of Creditors is yet to be formed. The fees and claims filed before the Insolvency Resolution Professional have also been settled.
Aris Capital Pvt. Ltd. filed a case against Fort Projects Pvt. Ltd. under Section 7 of the IBC. An application CA(IB) No. 1513/KB/2019 was filed by the Financial Creditor seeking withdrawal of the main CP based on a settlement between the parties. The Committee of Creditors had not yet been formed. The fees and claims filed before the Insolvency Resolution Professional were also settled. The court considered the settlement and allowed the withdrawal of the application.
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Hearing held on…
Application CA(IB) No.…
The case involves an application CA(IB) No. 1513/KB/2019 filed by the Financial Creditor under Rule 11 of the NCLT Rules, 2016, seeking withdrawal of the main CP (Company Petition) on the ground of settlement of the dispute between the parties. The Committee of Creditors is yet to be formed. The fees and claims filed before the Insolvency Resolution Professional have also been settled.
Aris Capital Pvt. Ltd. filed a case against Fort Projects Pvt. Ltd. under Section 7 of the IBC. An application CA(IB) No. 1513/KB/2019 was filed by the Financial Creditor seeking withdrawal of the main CP based on a settlement between the parties. The Committee of Creditors had not yet been formed. The fees and claims filed before the Insolvency Resolution Professional were also settled. The court considered the settlement and allowed the withdrawal of the application.
Hearing held on…
Application CA(IB) No.…