The case involves an application (IA(IB) No. 345/KB/2020) filed by the Interim Resolution Professional (IRP) for the withdrawal of the Corporate Insolvency Resolution Process (CIRP) due to a settlement between the Operational Creditor and the Corporate Debtor. The resolution costs and fees for the IRP's services have been paid.
The Interim Resolution Professional (IRP) filed an application (IA(IB) No. 345/KB/2020) seeking the withdrawal of the Corporate Insolvency Resolution Process (CIRP). This application was based on a settlement reached between the Operational Creditor and the Corporate Debtor. All resolution costs and fees owed to the IRP for services rendered have been fully paid. The court considered this application for withdrawal.
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Hearing held on…
Order issued on February 27, 2020, allowing…
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The case involves an application (IA(IB) No. 345/KB/2020) filed by the Interim Resolution Professional (IRP) for the withdrawal of the Corporate Insolvency Resolution Process (CIRP) due to a settlement between the Operational Creditor and the Corporate Debtor. The resolution costs and fees for the IRP's services have been paid.
The Interim Resolution Professional (IRP) filed an application (IA(IB) No. 345/KB/2020) seeking the withdrawal of the Corporate Insolvency Resolution Process (CIRP). This application was based on a settlement reached between the Operational Creditor and the Corporate Debtor. All resolution costs and fees owed to the IRP for services rendered have been fully paid. The court considered this application for withdrawal.
Hearing held on…
Order issued on February 27, 2020, allowing…
Sign in to view related legal provisions.