The case involves an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The IRP filed IA No. 85 stating that the parties have reached a settlement by executing a settlement agreement on 10.10.2019. Form FA was received and annexed as Annexure-D at page 38 of the application. Fees and reimbursement of expenses were also made on 06.11.2019.
Shri Shashi Agarwal, the IRP of Innovate Ventures (India) Pvt. Ltd., filed an application (IA No. 85) stating that a settlement had been reached with Shital Kumar Poddar & Another. The settlement agreement was executed on 10.10.2019. Form FA, related to the settlement, was received and annexed as Annexure-D. Fees and reimbursement of expenses were paid on 06.11.2019. Based on the settlement, the IRP requested permission to withdraw the company petition. The court then disposed of the company petition.
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The case involves an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The IRP filed IA No. 85 stating that the parties have reached a settlement by executing a settlement agreement on 10.10.2019. Form FA was received and annexed as Annexure-D at page 38 of the application. Fees and reimbursement of expenses were also made on 06.11.2019.
Shri Shashi Agarwal, the IRP of Innovate Ventures (India) Pvt. Ltd., filed an application (IA No. 85) stating that a settlement had been reached with Shital Kumar Poddar & Another. The settlement agreement was executed on 10.10.2019. Form FA, related to the settlement, was received and annexed as Annexure-D. Fees and reimbursement of expenses were paid on 06.11.2019. Based on the settlement, the IRP requested permission to withdraw the company petition. The court then disposed of the company petition.
Parties exec…
Fees and reimb…
Sign in to view related legal provisions.