The document pertains to MA 483/2019 in CP(IB)-1580(MB)/2017 before the National Company Law Tribunal, Mumbai Bench. The case involves Corporate Finance & Investment Services India Pvt. Ltd. &Ors. versus Maharashtra Aluminium and Alloys Pvt. Ltd. The matter concerns Section 12A of the Insolvency & Bankruptcy Code, 2016. The RP/Applicant sought a corrigendum to a previous order dated 2019-02-25.
Corporate Finance & Investment Services India Pvt. Ltd. initiated insolvency proceedings against Maharashtra Aluminium and Alloys Pvt. Ltd. under Section 12A of the Insolvency & Bankruptcy Code, 2016. The Resolution Professional/Applicant filed MA 483/2019 seeking a corrigendum to an order dated 2019-02-25. The corrigendum was sought to correct the omission of the word 'Petitioning' before 'Financial Creditors' in paragraph 3 of the order. Furthermore, the applicant informed that the Financial Creditors, 4 in numbers, wherein Central Bank of India is a lead bank having 92.23% voting share, all have approved for withdrawal of the Application. It was also informed that the Petitioning Financial Creditors have received full amount of the outstanding dues. The
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The court issued an order allowing the…
The document pertains to MA 483/2019 in CP(IB)-1580(MB)/2017 before the National Company Law Tribunal, Mumbai Bench. The case involves Corporate Finance & Investment Services India Pvt. Ltd. &Ors. versus Maharashtra Aluminium and Alloys Pvt. Ltd. The matter concerns Section 12A of the Insolvency & Bankruptcy Code, 2016. The RP/Applicant sought a corrigendum to a previous order dated 2019-02-25.
Corporate Finance & Investment Services India Pvt. Ltd. initiated insolvency proceedings against Maharashtra Aluminium and Alloys Pvt. Ltd. under Section 12A of the Insolvency & Bankruptcy Code, 2016. The Resolution Professional/Applicant filed MA 483/2019 seeking a corrigendum to an order dated 2019-02-25. The corrigendum was sought to correct the omission of the word 'Petitioning' before 'Financial Creditors' in paragraph 3 of the order. Furthermore, the applicant informed that the Financial Creditors, 4 in numbers, wherein Central Bank of India is a lead bank having 92.23% voting share, all have approved for withdrawal of the Application. It was also informed that the Petitioning Financial Creditors have received full amount of the outstanding dues. The
…Date of the original…
The court issued an order allowing the…