The case involves an application filed under Section 12A of the Code seeking withdrawal of IB-2684/ND/2019. The CIRP order was passed on 12.05.2021, and the parties had entered into a settlement on 10.05.2021. A copy of the MoU executed between the parties on 10.05.2021 is annexed with the application. Form-‘FA' being consent of the Applicant is also annexed. The CoC was not constituted, and no claims were received till date.
An application was filed under Section 12A of the Code to withdraw IB-2684/ND/2019. The CIRP order was issued on 2021-05-12. The parties reached a settlement on 2021-05-10, evidenced by a Memorandum of Understanding (MoU). The applicant's consent, Form-'FA,' was annexed. The Interim Resolution Professional (IRP) stated that the Committee of Creditors (CoC) was not formed, and no claims were received. The IRP confirmed compliance with the order dated 2021-05-12 by filing Form-2 and stated that all expenses and fees were paid. The IRP was discharged, and the Corporate Debtor's management was reinstated.
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The case involves an application filed under Section 12A of the Code seeking withdrawal of IB-2684/ND/2019. The CIRP order was passed on 12.05.2021, and the parties had entered into a settlement on 10.05.2021. A copy of the MoU executed between the parties on 10.05.2021 is annexed with the application. Form-‘FA' being consent of the Applicant is also annexed. The CoC was not constituted, and no claims were received till date.
An application was filed under Section 12A of the Code to withdraw IB-2684/ND/2019. The CIRP order was issued on 2021-05-12. The parties reached a settlement on 2021-05-10, evidenced by a Memorandum of Understanding (MoU). The applicant's consent, Form-'FA,' was annexed. The Interim Resolution Professional (IRP) stated that the Committee of Creditors (CoC) was not formed, and no claims were received. The IRP confirmed compliance with the order dated 2021-05-12 by filing Form-2 and stated that all expenses and fees were paid. The IRP was discharged, and the Corporate Debtor's management was reinstated.
Parties entere…
CIRP orde…