The document pertains to an application (MA/1324/2019) filed in connection with an insolvency resolution process (IBA/893/2019). The application was filed by the Interim Resolution Professional (IRP) based on Form-FA, which was submitted by the Applicant before the constitution of the Committee of Creditors (CoC).
The Interim Resolution Professional (IRP) filed an application (MA/1324/2019) based on Form-FA, submitted by the Applicant, before the constitution of the Committee of Creditors (CoC) in the matter of IBA/893/2019. The Bench was satisfied that the withdrawal was in compliance with Regulations 30A(1)(a) r/w.3 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Rules, 2016. The key fact is the compliance of the withdrawal with the regulations, which led to the dismissal of the insolvency resolution process.
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Hearing held a…
MA/1324/2019 f…
The document pertains to an application (MA/1324/2019) filed in connection with an insolvency resolution process (IBA/893/2019). The application was filed by the Interim Resolution Professional (IRP) based on Form-FA, which was submitted by the Applicant before the constitution of the Committee of Creditors (CoC).
The Interim Resolution Professional (IRP) filed an application (MA/1324/2019) based on Form-FA, submitted by the Applicant, before the constitution of the Committee of Creditors (CoC) in the matter of IBA/893/2019. The Bench was satisfied that the withdrawal was in compliance with Regulations 30A(1)(a) r/w.3 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Rules, 2016. The key fact is the compliance of the withdrawal with the regulations, which led to the dismissal of the insolvency resolution process.
Hearing held a…
MA/1324/2019 f…