The application IA-4656/ND/2021 was filed under Section 12A of the Code seeking withdrawal of the main insolvency resolution process (IB)-284/(ND)/2019. The Interim Resolution Professional (IRP) submitted Form ‘FA’, indicating the consent of the Operational Creditor. The applicant/Operational Creditor confirmed the instructions for withdrawal. The IRP, Mr. Khatri, stated that there are no outstanding dues related to the Corporate Insolvency Resolution Process (CIRP) costs and fees.
Arihant Techno Pack Pvt. Ltd. initiated a Corporate Insolvency Resolution Process (CIRP) against Pritish Green AgroPvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code (IBC). An application, IA-4656/ND/2021, was filed under Section 12A of the IBC seeking withdrawal of the CIRP. The Interim Resolution Professional (IRP) submitted Form ‘FA’, indicating the consent of the Operational Creditor. The applicant/Operational Creditor confirmed the instructions for withdrawal. The IRP, Mr. Khatri, stated that there are no outstanding dues related to the Corporate Insolvency Resolution Process (CIRP) costs and fees. The NCLT considered the application and allowed the withdrawal, relieving the IRP and returning control of the Corporate Debtor to its ex-management.
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Corporate Insolvency Resolution Process (CIRP)…
Application IA-4656/ND/2021 filed under Section…
The application IA-4656/ND/2021 was filed under Section 12A of the Code seeking withdrawal of the main insolvency resolution process (IB)-284/(ND)/2019. The Interim Resolution Professional (IRP) submitted Form ‘FA’, indicating the consent of the Operational Creditor. The applicant/Operational Creditor confirmed the instructions for withdrawal. The IRP, Mr. Khatri, stated that there are no outstanding dues related to the Corporate Insolvency Resolution Process (CIRP) costs and fees.
Arihant Techno Pack Pvt. Ltd. initiated a Corporate Insolvency Resolution Process (CIRP) against Pritish Green AgroPvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code (IBC). An application, IA-4656/ND/2021, was filed under Section 12A of the IBC seeking withdrawal of the CIRP. The Interim Resolution Professional (IRP) submitted Form ‘FA’, indicating the consent of the Operational Creditor. The applicant/Operational Creditor confirmed the instructions for withdrawal. The IRP, Mr. Khatri, stated that there are no outstanding dues related to the Corporate Insolvency Resolution Process (CIRP) costs and fees. The NCLT considered the application and allowed the withdrawal, relieving the IRP and returning control of the Corporate Debtor to its ex-management.
Corporate Insolvency Resolution Process (CIRP)…
Application IA-4656/ND/2021 filed under Section…