The case involves an application (CA No. 648/ND/2019) filed under Regulation 30(A) of the IBBI CIRP Regulations, seeking withdrawal of the application. The latest amendment dated July 23, 2019, specifies that the application can be withdrawn before the formation of the Committee of Creditors (COC) under Section 30(A)(1)(a).
Ms. Pooja Kapoor and Ors. filed a case against M/s. Magic Info Solutions Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. An application (CA No. 648/ND/2019) was filed seeking withdrawal under Regulation 30(A) of the IBBI CIRP Regulations. The amendment dated July 23, 2019, allows withdrawal before COC formation. A claim from Mr. Vijender Jain was received and settled by the Corporate Debtor. The Corporate Debtor also filed an application (IB-647/ND/2019). Mr. Vijender Jain confirmed receipt of the claim amount. Form-F was filed. The Financial Creditor and Corporate Debtor are present. The Resolution Professional's submission is considered.
Sign in to view the parties.
Latest amendment to Regulation 30(A) IBBI CIRP…
Order delivered on…
Sign in to view related legal provisions.
The case involves an application (CA No. 648/ND/2019) filed under Regulation 30(A) of the IBBI CIRP Regulations, seeking withdrawal of the application. The latest amendment dated July 23, 2019, specifies that the application can be withdrawn before the formation of the Committee of Creditors (COC) under Section 30(A)(1)(a).
Ms. Pooja Kapoor and Ors. filed a case against M/s. Magic Info Solutions Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. An application (CA No. 648/ND/2019) was filed seeking withdrawal under Regulation 30(A) of the IBBI CIRP Regulations. The amendment dated July 23, 2019, allows withdrawal before COC formation. A claim from Mr. Vijender Jain was received and settled by the Corporate Debtor. The Corporate Debtor also filed an application (IB-647/ND/2019). Mr. Vijender Jain confirmed receipt of the claim amount. Form-F was filed. The Financial Creditor and Corporate Debtor are present. The Resolution Professional's submission is considered.
Latest amendment to Regulation 30(A) IBBI CIRP…
Order delivered on…
Sign in to view related legal provisions.