CA 636/2019 was filed by the Operational Creditor seeking termination of the Corporate Insolvency Resolution (CIR) process because the creditor's claim had been settled. The bench noted that no steps had been taken following the order dated 2019-05-14 admitting the resolution process, and no publication had been effected, resulting in no claims being collated.
An Operational Creditor filed CA 636/2019 seeking the termination of the CIR process, stating that their claim had been settled. The court noted that no steps had been taken following the order dated 2019-05-14 admitting the resolution process, and no publication had been effected, meaning no claims had been collated. The submissions in the application were supported by an affidavit. The Corporate Debtor was M/s. Glide Chem Pvt. Ltd.
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CA 636/2019 was filed by the Operational Creditor seeking termination of the Corporate Insolvency Resolution (CIR) process because the creditor's claim had been settled. The bench noted that no steps had been taken following the order dated 2019-05-14 admitting the resolution process, and no publication had been effected, resulting in no claims being collated.
An Operational Creditor filed CA 636/2019 seeking the termination of the CIR process, stating that their claim had been settled. The court noted that no steps had been taken following the order dated 2019-05-14 admitting the resolution process, and no publication had been effected, meaning no claims had been collated. The submissions in the application were supported by an affidavit. The Corporate Debtor was M/s. Glide Chem Pvt. Ltd.
Order was issued…
Hearing before the New…
Sign in to view related legal provisions.