The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Idemitsu Lube India Pvt. Ltd. against Omsai Auto World Pvt. Ltd., designated as the Corporate Debtor. The petition was initially admitted, and the Corporate Insolvency Resolution Process (CIRP) was commenced with the appointment of Mr. Sandeep Goel as the Interim Resolution Professional. Subsequently, the Operational Creditor sought to withdraw the application.
Idemitsu Lube India Pvt. Ltd. initiated Corporate Insolvency Resolution Process (CIRP) against Omsai Auto World Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on January 2, 2018, and Mr. Sandeep Goel was appointed as the Interim Resolution Professional. Later, Idemitsu Lube India Pvt. Ltd. sought to withdraw the CIRP application. The Committee of Creditors (CoC) approved the withdrawal with 100% voting, and Form FA was submitted. The Resolution Professional affirmed that the CIRP costs had been paid. An email dated 01.08.2018 from the Operational Creditor confirmed payment received from one of the suspended Board of Directors of the Corporate Debtor. A fresh Form FA was submitted on 27.08.2018. The CoC held on
…Sign in to view the parties.
The petition filed by Idemitsu Lube India Pvt.…
Form FA dated 10.07.2018…
The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Idemitsu Lube India Pvt. Ltd. against Omsai Auto World Pvt. Ltd., designated as the Corporate Debtor. The petition was initially admitted, and the Corporate Insolvency Resolution Process (CIRP) was commenced with the appointment of Mr. Sandeep Goel as the Interim Resolution Professional. Subsequently, the Operational Creditor sought to withdraw the application.
Idemitsu Lube India Pvt. Ltd. initiated Corporate Insolvency Resolution Process (CIRP) against Omsai Auto World Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on January 2, 2018, and Mr. Sandeep Goel was appointed as the Interim Resolution Professional. Later, Idemitsu Lube India Pvt. Ltd. sought to withdraw the CIRP application. The Committee of Creditors (CoC) approved the withdrawal with 100% voting, and Form FA was submitted. The Resolution Professional affirmed that the CIRP costs had been paid. An email dated 01.08.2018 from the Operational Creditor confirmed payment received from one of the suspended Board of Directors of the Corporate Debtor. A fresh Form FA was submitted on 27.08.2018. The CoC held on
…The petition filed by Idemitsu Lube India Pvt.…
Form FA dated 10.07.2018…