The case involves an application (IA-1492(PB)/2020) filed under Section 12A of the Code seeking withdrawal of a company petition after its admission. The application was filed along with Form-FA by the petitioner.
Aadhar Infraholding Ltd. filed a company petition against L.V Global P. Ltd. under Section 7 of the IBC. Subsequently, an application (IA-1492(PB)/2020) was filed under Section 12A of the Code seeking withdrawal of the company petition after its admission. The petitioner also filed Form-FA. The IRP counsel stated that their remuneration had been settled. This statement was crucial for the court's decision to allow the withdrawal.
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The initial app…
IA-1492(PB)/2020: An application filed…
The case involves an application (IA-1492(PB)/2020) filed under Section 12A of the Code seeking withdrawal of a company petition after its admission. The application was filed along with Form-FA by the petitioner.
Aadhar Infraholding Ltd. filed a company petition against L.V Global P. Ltd. under Section 7 of the IBC. Subsequently, an application (IA-1492(PB)/2020) was filed under Section 12A of the Code seeking withdrawal of the company petition after its admission. The petitioner also filed Form-FA. The IRP counsel stated that their remuneration had been settled. This statement was crucial for the court's decision to allow the withdrawal.
The initial app…
IA-1492(PB)/2020: An application filed…