The case involves an application being CA(IB) No. 1166/KB/2019 in CP(IB) No. 459/KB/2018, filed under Section 12A of the I & B Code, 2016. The application pertains to recording the settlement of debt between the Operational Creditor and the Corporate Debtor. The Operational Creditor has received payment through Bank Drafts, and the Interim Resolution Professional (IRP) has received the resolution fee and cost.
An application CA(IB) No. 1166/KB/2019 was filed in CP(IB) No. 459/KB/2018 under Section 12A of the I&B Code, 2016. This application was related to the settlement of debt between the Operational Creditor and the Corporate Debtor. The Operational Creditor received payment via bank drafts, and the Interim Resolution Professional (IRP) confirmed receipt of the resolution fee and costs. The Tribunal noted that the matter was settled outside of the Tribunal, and no amounts were outstanding to the IRP. The petitioner was then permitted to withdraw the CP.
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CP(IB) No. 459…
CA(IB) No. 1166/KB/2019…
The case involves an application being CA(IB) No. 1166/KB/2019 in CP(IB) No. 459/KB/2018, filed under Section 12A of the I & B Code, 2016. The application pertains to recording the settlement of debt between the Operational Creditor and the Corporate Debtor. The Operational Creditor has received payment through Bank Drafts, and the Interim Resolution Professional (IRP) has received the resolution fee and cost.
An application CA(IB) No. 1166/KB/2019 was filed in CP(IB) No. 459/KB/2018 under Section 12A of the I&B Code, 2016. This application was related to the settlement of debt between the Operational Creditor and the Corporate Debtor. The Operational Creditor received payment via bank drafts, and the Interim Resolution Professional (IRP) confirmed receipt of the resolution fee and costs. The Tribunal noted that the matter was settled outside of the Tribunal, and no amounts were outstanding to the IRP. The petitioner was then permitted to withdraw the CP.
CP(IB) No. 459…
CA(IB) No. 1166/KB/2019…