The case involves Neo Carbons Pvt. Ltd. versus Shankar Ferro Alloys Pvt. Ltd. CA(IB) 1389/KB/2019 was filed by the Ld. Counsel for the operational creditor under section 12A of IBC stating that both parties settled the matter.
Neo Carbons Pvt. Ltd. filed a case against Shankar Ferro Alloys Pvt. Ltd. CA(IB) 1389/KB/2019 was filed by the operational creditor under section 12A of the IBC, stating that both parties had settled the matter. The CoC was not formed. The corporate debtor was admitted into CIRP. The operational creditor was allowed to withdraw the matter under rule 11 of NCLT Rules. The Resolution Professional (RP) confirmed that his fees and costs had been paid.
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Hearing held…
The case involves Neo Carbons Pvt. Ltd. versus Shankar Ferro Alloys Pvt. Ltd. CA(IB) 1389/KB/2019 was filed by the Ld. Counsel for the operational creditor under section 12A of IBC stating that both parties settled the matter.
Neo Carbons Pvt. Ltd. filed a case against Shankar Ferro Alloys Pvt. Ltd. CA(IB) 1389/KB/2019 was filed by the operational creditor under section 12A of the IBC, stating that both parties had settled the matter. The CoC was not formed. The corporate debtor was admitted into CIRP. The operational creditor was allowed to withdraw the matter under rule 11 of NCLT Rules. The Resolution Professional (RP) confirmed that his fees and costs had been paid.
Hearing held…