The case involves a Corporate Insolvency Resolution Process (CIRP) initiated against M/s Siddarth Organisation Limited based on a petition filed by Mr. Vijay Kumar Todi, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor was M/s Siddarth Organisation Limited. The CP was admitted on 13.02.2020, initiating CIR proceedings. Subsequently, Mr. Sandeep Kukkar, a suspended director of the Corporate Debtor, filed an appeal against the admission order before the NCLAT. The NCLAT disposed of the appeal, permitting the appellant to pursue the matter before the Adjudicating Authority regarding the withdrawal of the Section 9 application. The Adjudicating Authority was directed to seek a response from the IRP and decide on the
…Mr. Vijay Kumar Todi, proprietor of M/s V One, filed CP No.(IB)-54/9/JPR/2018 against M/s Siddarth Organisation Limited, the Corporate Debtor, under Section 9 of the IBC, 2016, seeking initiation of CIR proceedings. The CP was admitted on 13.02.2020, initiating CIR proceedings against the Corporate Debtor. Mr. Sandeep Kukkar, a suspended director of the Corporate Debtor, filed Company Appeal (AT) (Ins) No.298 of 2020 before the NCLAT challenging the admission order. The NCLAT disposed of the appeal on 13.03.2020, directing the Adjudicating Authority to consider the withdrawal of the Section 9 application. The petitioner in the CP filed IA 104/2020 seeking withdrawal, stating that the matter had been settled. Ms. Anuradha Gupta, the Interim Resolution Professional,
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CP No.(IB)-54/9/JPR/2018 was filed by Mr.…
The CP was admitted, and…
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The case involves a Corporate Insolvency Resolution Process (CIRP) initiated against M/s Siddarth Organisation Limited based on a petition filed by Mr. Vijay Kumar Todi, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor was M/s Siddarth Organisation Limited. The CP was admitted on 13.02.2020, initiating CIR proceedings. Subsequently, Mr. Sandeep Kukkar, a suspended director of the Corporate Debtor, filed an appeal against the admission order before the NCLAT. The NCLAT disposed of the appeal, permitting the appellant to pursue the matter before the Adjudicating Authority regarding the withdrawal of the Section 9 application. The Adjudicating Authority was directed to seek a response from the IRP and decide on the
…Mr. Vijay Kumar Todi, proprietor of M/s V One, filed CP No.(IB)-54/9/JPR/2018 against M/s Siddarth Organisation Limited, the Corporate Debtor, under Section 9 of the IBC, 2016, seeking initiation of CIR proceedings. The CP was admitted on 13.02.2020, initiating CIR proceedings against the Corporate Debtor. Mr. Sandeep Kukkar, a suspended director of the Corporate Debtor, filed Company Appeal (AT) (Ins) No.298 of 2020 before the NCLAT challenging the admission order. The NCLAT disposed of the appeal on 13.03.2020, directing the Adjudicating Authority to consider the withdrawal of the Section 9 application. The petitioner in the CP filed IA 104/2020 seeking withdrawal, stating that the matter had been settled. Ms. Anuradha Gupta, the Interim Resolution Professional,
…CP No.(IB)-54/9/JPR/2018 was filed by Mr.…
The CP was admitted, and…
Sign in to view related legal provisions.