The document pertains to a case before the National Company Law Tribunal (NCLT), New Delhi Bench, regarding the Corporate Insolvency Resolution Process (CIRP) of M/s. Sonu Trading Company V/s. M/s. Noslar International Ltd. CA 553/2019 is a report placing on record the steps taken in the resolution process. CA 554/2019 is an application filed under Section 12(3) of the Insolvency and Bankruptcy Code (IBC) seeking an extension of the CIRP period.
The case involves M/s. Sonu Trading Company V/s. M/s. Noslar International Ltd., undergoing CIRP. The Resolution Professional (RP) submitted a report (CA 553/2019) detailing the steps taken in the resolution process. An application (CA 554/2019) was filed under Section 12(3) of the IBC seeking an extension of the CIRP period. The Committee of Creditors (COC) unanimously approved the extension in its meeting on April 18, 2019. The initial 180-day CIRP period expired on May 1, 2019.
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The document pertains to a case before the National Company Law Tribunal (NCLT), New Delhi Bench, regarding the Corporate Insolvency Resolution Process (CIRP) of M/s. Sonu Trading Company V/s. M/s. Noslar International Ltd. CA 553/2019 is a report placing on record the steps taken in the resolution process. CA 554/2019 is an application filed under Section 12(3) of the Insolvency and Bankruptcy Code (IBC) seeking an extension of the CIRP period.
The case involves M/s. Sonu Trading Company V/s. M/s. Noslar International Ltd., undergoing CIRP. The Resolution Professional (RP) submitted a report (CA 553/2019) detailing the steps taken in the resolution process. An application (CA 554/2019) was filed under Section 12(3) of the IBC seeking an extension of the CIRP period. The Committee of Creditors (COC) unanimously approved the extension in its meeting on April 18, 2019. The initial 180-day CIRP period expired on May 1, 2019.
The Committee of Creditors (COC) unanimously…
The initial 1…
Sign in to view related legal provisions.