The case involves multiple company petitions filed by various creditors against OCL Iron and Steel Limited, the Corporate Debtor. These petitions were filed under Section 7 and 9 of the IBC. The petitions were consolidated and heard by the National Company Law Tribunal (NCLT), Cuttack Bench. The order of admission was passed on 20.09.2020 in CP (IB) No.111/CTB/2020.
The key facts are as follows: OCL Iron and Steel Limited is the Corporate Debtor. An order of admission was passed against the Corporate Debtor on 20.09.2020 in CP (IB) No.111/CTB/2020. Several other creditors subsequently filed company petitions against the same Corporate Debtor. These petitions include CP (IB) No.183/CB/2020, TP No.07/CTB/2019, CP (IB) No.171/CTB/2019, CP (IB) No.06/CTB/2020, CP (IB) No.07/CTB/2020, CP (IB) No.31/CTB/2020, CP (IB) No.66/CTB/2020, and CP (IB) 257/CB/2020. The creditors are State Bank of India, KEC International Ltd, Gajanan Ferro Pvt Ltd, Dharam Pal, BD Construction Co., Alloysmin India Pvt Ltd, and Global Coal & Mining Pvt Ltd. Mr. Shiv Nandan Sharma is the appointed Interim Resolution Professional (IRP).
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Order of admission…
Final order issued…
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The case involves multiple company petitions filed by various creditors against OCL Iron and Steel Limited, the Corporate Debtor. These petitions were filed under Section 7 and 9 of the IBC. The petitions were consolidated and heard by the National Company Law Tribunal (NCLT), Cuttack Bench. The order of admission was passed on 20.09.2020 in CP (IB) No.111/CTB/2020.
The key facts are as follows: OCL Iron and Steel Limited is the Corporate Debtor. An order of admission was passed against the Corporate Debtor on 20.09.2020 in CP (IB) No.111/CTB/2020. Several other creditors subsequently filed company petitions against the same Corporate Debtor. These petitions include CP (IB) No.183/CB/2020, TP No.07/CTB/2019, CP (IB) No.171/CTB/2019, CP (IB) No.06/CTB/2020, CP (IB) No.07/CTB/2020, CP (IB) No.31/CTB/2020, CP (IB) No.66/CTB/2020, and CP (IB) 257/CB/2020. The creditors are State Bank of India, KEC International Ltd, Gajanan Ferro Pvt Ltd, Dharam Pal, BD Construction Co., Alloysmin India Pvt Ltd, and Global Coal & Mining Pvt Ltd. Mr. Shiv Nandan Sharma is the appointed Interim Resolution Professional (IRP).
Order of admission…
Final order issued…
Sign in to view related legal provisions.