The document pertains to IA No. 372 of 2020 in CP(IB) 175 of 2017, filed for the withdrawal of the original application CP(IB) No. 175/7/NCLT/AHM/2017, which was admitted under Section 12(a) of the IBC, 2016. The application was filed by the Resolution Professional (RP). The Committee of Creditors (CoC) approved the withdrawal with 100% votes in their meeting dated 30.06.2020, as reflected in Clause no. 5 at page no. 36 of the Application.
IA No. 372 of 2020 was filed by the Resolution Professional (RP) seeking withdrawal of the original application CP(IB) No. 175/7/NCLT/AHM/2017. The original application was admitted under Section 12(a) of the Insolvency and Bankruptcy Code (IBC), 2016. The Committee of Creditors (CoC) convened a meeting on 30.06.2020 and passed a resolution with 100% votes in favor of withdrawing the original application. This resolution is documented in Clause no. 5 at page no. 36 of the application. The applicant's counsel, Mr. Aayog Doshi, appeared before the court. The court considered the submissions of the RP and the CoC, and perused the relevant records. The Corporate Debtor is now discharged from the Corporate Insolvency Resolution Process (CIRP).
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The Committee of Creditors (CoC) held a meeting…
Hearing through video conferencing before the…
The document pertains to IA No. 372 of 2020 in CP(IB) 175 of 2017, filed for the withdrawal of the original application CP(IB) No. 175/7/NCLT/AHM/2017, which was admitted under Section 12(a) of the IBC, 2016. The application was filed by the Resolution Professional (RP). The Committee of Creditors (CoC) approved the withdrawal with 100% votes in their meeting dated 30.06.2020, as reflected in Clause no. 5 at page no. 36 of the Application.
IA No. 372 of 2020 was filed by the Resolution Professional (RP) seeking withdrawal of the original application CP(IB) No. 175/7/NCLT/AHM/2017. The original application was admitted under Section 12(a) of the Insolvency and Bankruptcy Code (IBC), 2016. The Committee of Creditors (CoC) convened a meeting on 30.06.2020 and passed a resolution with 100% votes in favor of withdrawing the original application. This resolution is documented in Clause no. 5 at page no. 36 of the application. The applicant's counsel, Mr. Aayog Doshi, appeared before the court. The court considered the submissions of the RP and the CoC, and perused the relevant records. The Corporate Debtor is now discharged from the Corporate Insolvency Resolution Process (CIRP).
The Committee of Creditors (CoC) held a meeting…
Hearing through video conferencing before the…