The case involves an application filed under Section 9 of the IBC, 2016, by an Operational Creditor against a Corporate Debtor. The matter came before the NCLT for hearing, where it was noted that the parties had reached an amicable settlement.
M/s New Era Petrochem Pvt. Ltd., the Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against M/s Shree Ranisati Irrigation Pvt. Ltd., the Corporate Debtor, seeking to initiate the Corporate Insolvency Resolution Process (CIRP). The application was registered as CP No. (IB)-62/9/JPR/2020 before the National Company Law Tribunal, Jaipur Bench. The proceedings were conducted through a web-based video conferencing platform.
An affidavit of withdrawal of the application…
The National Company Law Tribunal, Jaipur…
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The case involves an application filed under Section 9 of the IBC, 2016, by an Operational Creditor against a Corporate Debtor. The matter came before the NCLT for hearing, where it was noted that the parties had reached an amicable settlement.
M/s New Era Petrochem Pvt. Ltd., the Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against M/s Shree Ranisati Irrigation Pvt. Ltd., the Corporate Debtor, seeking to initiate the Corporate Insolvency Resolution Process (CIRP). The application was registered as CP No. (IB)-62/9/JPR/2020 before the National Company Law Tribunal, Jaipur Bench. The proceedings were conducted through a web-based video conferencing platform.
An affidavit of withdrawal of the application…
The National Company Law Tribunal, Jaipur…
Sign in to view related legal provisions.