The case involves a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC). The National Company Law Tribunal (NCLT), Amaravathi Bench, heard the matter on February 12, 2020. TCP No. 111/9/AMR/TP/2019 was admitted, directing the initiation of the Corporate Insolvency Resolution Process (CIRP) against the Respondent Company.
The case involves Chevuri Enterprises, the Petitioner, and KVR Industries Pvt Ltd, the Respondent. The petition was filed under Section 9 of the IBC. TCP No. 111/9/AMR/TP/2019 was admitted by the Tribunal on February 12, 2020, directing the initiation of CIRP against KVR Industries Pvt Ltd. The Petitioner, Chevuri Enterprises, is directed to approach the IRP under Regulation 7 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016 for satisfaction of its claims. The Company Petition is disposed of by the Tribunal.
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Hearing held on…
Tribunal admitted TCP No.…
The case involves a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC). The National Company Law Tribunal (NCLT), Amaravathi Bench, heard the matter on February 12, 2020. TCP No. 111/9/AMR/TP/2019 was admitted, directing the initiation of the Corporate Insolvency Resolution Process (CIRP) against the Respondent Company.
The case involves Chevuri Enterprises, the Petitioner, and KVR Industries Pvt Ltd, the Respondent. The petition was filed under Section 9 of the IBC. TCP No. 111/9/AMR/TP/2019 was admitted by the Tribunal on February 12, 2020, directing the initiation of CIRP against KVR Industries Pvt Ltd. The Petitioner, Chevuri Enterprises, is directed to approach the IRP under Regulation 7 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016 for satisfaction of its claims. The Company Petition is disposed of by the Tribunal.
Hearing held on…
Tribunal admitted TCP No.…