The case pertains to C.P. (I.B) No. 223/9/NCLT/AHM/2019 before the Ahmedabad Bench of the National Company Law Tribunal. The hearing was conducted through video conferencing on July 1, 2020. Kewaunee Scientific Corporation India Pvt Ltd filed the case against JBF Petrochemicals Ltd under Section 9 of the Insolvency and Bankruptcy Code.
Kewaunee Scientific Corporation India Pvt Ltd initiated insolvency proceedings against JBF Petrochemicals Ltd under Section 9 of the Insolvency and Bankruptcy Code. During the proceedings before the Ahmedabad Bench of the National Company Law Tribunal, the Operational Creditor, represented by Mr. Manan K. Paneri, stated that the matter had been settled. Consequently, the Operational Creditor sought permission to withdraw the proceedings, which was granted by the NCLT. The proceedings were then withdrawn and disposed of.
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Hearing conducted through video conferencing…
The Operational Creditor sought permission…
The case pertains to C.P. (I.B) No. 223/9/NCLT/AHM/2019 before the Ahmedabad Bench of the National Company Law Tribunal. The hearing was conducted through video conferencing on July 1, 2020. Kewaunee Scientific Corporation India Pvt Ltd filed the case against JBF Petrochemicals Ltd under Section 9 of the Insolvency and Bankruptcy Code.
Kewaunee Scientific Corporation India Pvt Ltd initiated insolvency proceedings against JBF Petrochemicals Ltd under Section 9 of the Insolvency and Bankruptcy Code. During the proceedings before the Ahmedabad Bench of the National Company Law Tribunal, the Operational Creditor, represented by Mr. Manan K. Paneri, stated that the matter had been settled. Consequently, the Operational Creditor sought permission to withdraw the proceedings, which was granted by the NCLT. The proceedings were then withdrawn and disposed of.
Hearing conducted through video conferencing…
The Operational Creditor sought permission…