The case pertains to a Company Petition filed under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016, by Quintiles Phase One Clinical Trials India Private Limited, seeking initiation of corporate insolvency resolution process on its own. The Corporate Applicant later filed a memo for withdrawal of the Petition, stating that the Company may go for voluntary liquidation/winding up.
Quintiles Phase One Clinical Trials India Private Limited filed a Company Petition under Section 10 of the IBC, 2016, seeking initiation of corporate insolvency resolution process. Before the Petition was admitted, the Corporate Applicant filed a memo seeking withdrawal of the Petition, indicating that the Company may pursue voluntary liquidation or winding up. The Counsel for the Corporate Applicant was present during the hearing. The court noted that the Petition was not yet admitted.
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The case pertains to a Company Petition filed under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016, by Quintiles Phase One Clinical Trials India Private Limited, seeking initiation of corporate insolvency resolution process on its own. The Corporate Applicant later filed a memo for withdrawal of the Petition, stating that the Company may go for voluntary liquidation/winding up.
Quintiles Phase One Clinical Trials India Private Limited filed a Company Petition under Section 10 of the IBC, 2016, seeking initiation of corporate insolvency resolution process. Before the Petition was admitted, the Corporate Applicant filed a memo seeking withdrawal of the Petition, indicating that the Company may pursue voluntary liquidation or winding up. The Counsel for the Corporate Applicant was present during the hearing. The court noted that the Petition was not yet admitted.
Hearing he…
Hearing he…
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