The case involves an application filed under Section 12A of the Insolvency and Bankruptcy Code (IBC) for the withdrawal of a Corporate Insolvency Resolution Process (CIRP) application, CP(IB) 586/2018, which was admitted on 19.12.2019. The parties have settled the matter between themselves. The Interim Resolution Professional (IRP) stated that the Committee of Creditors (COC) has not been constituted yet.
The application was filed under Section 12A of the IBC for withdrawal of CP(IB) 586/2018, which was admitted on 19.12.2019. The parties reached a settlement. The IRP confirmed that the COC had not been constituted. The application for withdrawal was filed by the Operational Creditor. The case was regarding Sadhna Dye Chem V/s Jai Bhagwati Tex-Prints Pvt Ltd.
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Corporate Insolvency…
Corporate Insolvency…
The case involves an application filed under Section 12A of the Insolvency and Bankruptcy Code (IBC) for the withdrawal of a Corporate Insolvency Resolution Process (CIRP) application, CP(IB) 586/2018, which was admitted on 19.12.2019. The parties have settled the matter between themselves. The Interim Resolution Professional (IRP) stated that the Committee of Creditors (COC) has not been constituted yet.
The application was filed under Section 12A of the IBC for withdrawal of CP(IB) 586/2018, which was admitted on 19.12.2019. The parties reached a settlement. The IRP confirmed that the COC had not been constituted. The application for withdrawal was filed by the Operational Creditor. The case was regarding Sadhna Dye Chem V/s Jai Bhagwati Tex-Prints Pvt Ltd.
Corporate Insolvency…
Corporate Insolvency…