The case involves an application (CA No.267/2018) filed by the Resolution Professional (RP) under Section 12(A) of the Insolvency and Bankruptcy Code (IBC), 2016, read with regulation 30(A) of the Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The RP sought permission to withdraw Corporate Insolvency Resolution Process (CIRP) No.(IB)190/ALD/2018, which was initially filed by the financial creditor under Section 7 of the IBC. The CIRP had commenced following an order dated 19.09.2018, and an Interim Resolution Professional (IRP) was appointed.
The Resolution Professional (RP) filed an application (CA No.267/2018) under Section 12(A) of the Insolvency and Bankruptcy Code (IBC), 2016, read with regulation 30(A) of the Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking permission to withdraw Corporate Insolvency Resolution Process (CIRP) No.(IB)190/ALD/2018. The CIRP was initially filed by the financial creditor under Section 7 of the IBC. The CIRP commenced on 19.09.2018, and an Interim Resolution Professional (IRP) was appointed. The IRP constituted a Committee of Creditors (COC) consisting of only one financial creditor. The financial creditor submitted Form-FA seeking withdrawal of the CIRP, stating that the CIRP cost had been directly
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The COC held a meeting on 19.10.2018…
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The case involves an application (CA No.267/2018) filed by the Resolution Professional (RP) under Section 12(A) of the Insolvency and Bankruptcy Code (IBC), 2016, read with regulation 30(A) of the Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The RP sought permission to withdraw Corporate Insolvency Resolution Process (CIRP) No.(IB)190/ALD/2018, which was initially filed by the financial creditor under Section 7 of the IBC. The CIRP had commenced following an order dated 19.09.2018, and an Interim Resolution Professional (IRP) was appointed.
The Resolution Professional (RP) filed an application (CA No.267/2018) under Section 12(A) of the Insolvency and Bankruptcy Code (IBC), 2016, read with regulation 30(A) of the Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking permission to withdraw Corporate Insolvency Resolution Process (CIRP) No.(IB)190/ALD/2018. The CIRP was initially filed by the financial creditor under Section 7 of the IBC. The CIRP commenced on 19.09.2018, and an Interim Resolution Professional (IRP) was appointed. The IRP constituted a Committee of Creditors (COC) consisting of only one financial creditor. The financial creditor submitted Form-FA seeking withdrawal of the CIRP, stating that the CIRP cost had been directly
…The Authority commenced…
The COC held a meeting on 19.10.2018…
Sign in to view related legal provisions.