Walsons Services Private Limited filed an application as an Operational Creditor against Quickdel Logistics Private Limited, the Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016. The NCLT initially admitted the matter. However, the National Company Law Appellate Tribunal (NCLAT) set aside the NCLT's order dated January 7, 2019, in Company Appeal (AT) (Insolvency) No. 85 of 2019. The NCLAT declared orders related to the appointment of an Interim Resolution Professional and actions taken by them as illegal. The Resolution Professional confirmed that the cost of the CIRP has already been paid/disbursed. Consequently, the NCLT disposed of the application under Section 9, following the NCLAT's directions.

Walsons Services Private Limited filed an application as an Operational Creditor against Quickdel Logistics Private Limited, the Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016. The NCLT initially admitted the matter. However, the National Company Law Appellate Tribunal (NCLAT) set aside the NCLT's order dated January 7, 2019, in Company Appeal (AT) (Insolvency) No. 85 of 2019. The NCLAT declared orders related to the appointment of an Interim Resolution Professional and actions taken by them as illegal. The Resolution Professional confirmed that the cost of the CIRP has already been paid/disbursed. Consequently, the NCLT disposed of the application under Section 9, following the NCLAT's directions.