The application was filed by the Interim Resolution Professional (IRP) seeking withdrawal of the petition due to a settlement between the Operational Creditor and the Corporate Debtor under Section 12A of the I&B Code, 2016. The IRP confirmed compliance with the provisions of the I&B Code, 2016, including paper publications to invite claims from creditors. No claims were received following the publication.
Shri S Sivakumar (Sri Kumaran Steels India Pvt Ltd) filed a petition CP/1165/(IB)/2018. The Interim Resolution Professional (IRP) filed an application MA/1047/2019 seeking withdrawal of the petition due to a settlement between the Operational Creditor and the Corporate Debtor. The settlement was reached under Section 12A of the I&B Code, 2016. The IRP initiated the CIRP and complied with the provisions of the I&B Code, 2016, by publishing notices to invite claims from creditors. The publication was effected in 'Indian Express' (English) and 'Dina Mani' (vernacular) on 2019-09-19, with a last date for claim receipt of 2019-10-03. No claims were received from any creditors of the Corporate Debtor following the publication. The CIRP cost, including the IRP's fees,
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CP/1165/(IB)/2018 filed…
Publication of notice in…
The application was filed by the Interim Resolution Professional (IRP) seeking withdrawal of the petition due to a settlement between the Operational Creditor and the Corporate Debtor under Section 12A of the I&B Code, 2016. The IRP confirmed compliance with the provisions of the I&B Code, 2016, including paper publications to invite claims from creditors. No claims were received following the publication.
Shri S Sivakumar (Sri Kumaran Steels India Pvt Ltd) filed a petition CP/1165/(IB)/2018. The Interim Resolution Professional (IRP) filed an application MA/1047/2019 seeking withdrawal of the petition due to a settlement between the Operational Creditor and the Corporate Debtor. The settlement was reached under Section 12A of the I&B Code, 2016. The IRP initiated the CIRP and complied with the provisions of the I&B Code, 2016, by publishing notices to invite claims from creditors. The publication was effected in 'Indian Express' (English) and 'Dina Mani' (vernacular) on 2019-09-19, with a last date for claim receipt of 2019-10-03. No claims were received from any creditors of the Corporate Debtor following the publication. The CIRP cost, including the IRP's fees,
…CP/1165/(IB)/2018 filed…
Publication of notice in…