The case involves an application filed under Section 12A of the Insolvency and Bankruptcy Code (IBC) read with CIRP Regulation 30A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking withdrawal of the Company Petition. The Company Petition was admitted on 10.02.2020 based on the premise that the claim amount was outstanding.
The key facts are as follows: A Company Petition was admitted on 10.02.2020. The petition was based on an outstanding claim amount. The Corporate Debtor and the applicant reached a settlement. The Corporate Debtor settled the claim amount and the IRP remuneration. The Interim Resolution Professional (IRP) filed an application for withdrawal of the Company Petition. The application was filed along with Form A. The court allowed the application for withdrawal.
Sign in to view the parties.
The Company Petition was admitted based on…
The court dismi…
The case involves an application filed under Section 12A of the Insolvency and Bankruptcy Code (IBC) read with CIRP Regulation 30A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking withdrawal of the Company Petition. The Company Petition was admitted on 10.02.2020 based on the premise that the claim amount was outstanding.
The key facts are as follows: A Company Petition was admitted on 10.02.2020. The petition was based on an outstanding claim amount. The Corporate Debtor and the applicant reached a settlement. The Corporate Debtor settled the claim amount and the IRP remuneration. The Interim Resolution Professional (IRP) filed an application for withdrawal of the Company Petition. The application was filed along with Form A. The court allowed the application for withdrawal.
The Company Petition was admitted based on…
The court dismi…