The case involves Spectrum Artcomm Pvt. Ltd. as the operational creditor and New Town Grand Realtors LLP as the corporate debtor, which is undergoing Corporate Insolvency Resolution Process (CIRP). The initial IRP sought to withdraw due to being overburdened. The court appointed a new IRP, Shri Nitesh Mor.
Spectrum Artcomm Pvt. Ltd. initiated CIRP against New Town Grand Realtors LLP. The Corporate Debtor is already admitted for CIRP. The initial IRP filed CA(IB) No. 1692/KB/2019 seeking withdrawal due to being overburdened. The court allowed the withdrawal and appointed Nitesh Mor as the new IRP. The operational creditor and corporate debtor did not appear in court. The matter was adjourned to 25.03.2020 for the IRP's personal appearance.
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Hearing on CA(IB) No.…
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The case involves Spectrum Artcomm Pvt. Ltd. as the operational creditor and New Town Grand Realtors LLP as the corporate debtor, which is undergoing Corporate Insolvency Resolution Process (CIRP). The initial IRP sought to withdraw due to being overburdened. The court appointed a new IRP, Shri Nitesh Mor.
Spectrum Artcomm Pvt. Ltd. initiated CIRP against New Town Grand Realtors LLP. The Corporate Debtor is already admitted for CIRP. The initial IRP filed CA(IB) No. 1692/KB/2019 seeking withdrawal due to being overburdened. The court allowed the withdrawal and appointed Nitesh Mor as the new IRP. The operational creditor and corporate debtor did not appear in court. The matter was adjourned to 25.03.2020 for the IRP's personal appearance.
Hearing on CA(IB) No.…
The matter was…
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