The case originates from CP (IB) No.158/Chd/Hry/2018 under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Mr. Dharmender Sharma, Proprietor of ADP Interiors and Contractors, against SRS Real Infrastructure Limited. The Tribunal admitted the petition on 10.01.2019 and declared a moratorium under Section 14(1) of the Code, appointing an Interim Resolution Professional. Subsequently, an application was filed by the Resolution Professional under Section 19(2) of the Code seeking directions for the respondents to provide information. The National Company Law Appellate Tribunal (NCLAT) passed an order on 12.02.2019 in Company Appeal (AT) (Insolvency) No.94 & 95 of 2019, filed by a shareholder of the corporate debtor, based on a settlement reached between
…Mr. Dharmender Sharma, operating as ADP Interiors and Contractors, initiated insolvency proceedings against SRS Real Infrastructure Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT admitted the petition on January 10, 2019, and imposed a moratorium. An Interim Resolution Professional (IRP), Mr. Sandeep Chandna, was appointed on January 21, 2019. The IRP filed an application under Section 19(2) seeking directions for information. A settlement was reached between the parties, and the NCLAT issued an order on February 12, 2019, based on a Company Appeal filed by a shareholder of SRS Real Infrastructure Limited, stating that the operational creditor had received the amount due. Consequently, the applicants requested the withdrawal of the
…Sign in to view the parties.
CP (IB) No.158/Chd/Hry/2…
The Tribunal admitted…
The case originates from CP (IB) No.158/Chd/Hry/2018 under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Mr. Dharmender Sharma, Proprietor of ADP Interiors and Contractors, against SRS Real Infrastructure Limited. The Tribunal admitted the petition on 10.01.2019 and declared a moratorium under Section 14(1) of the Code, appointing an Interim Resolution Professional. Subsequently, an application was filed by the Resolution Professional under Section 19(2) of the Code seeking directions for the respondents to provide information. The National Company Law Appellate Tribunal (NCLAT) passed an order on 12.02.2019 in Company Appeal (AT) (Insolvency) No.94 & 95 of 2019, filed by a shareholder of the corporate debtor, based on a settlement reached between
…Mr. Dharmender Sharma, operating as ADP Interiors and Contractors, initiated insolvency proceedings against SRS Real Infrastructure Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT admitted the petition on January 10, 2019, and imposed a moratorium. An Interim Resolution Professional (IRP), Mr. Sandeep Chandna, was appointed on January 21, 2019. The IRP filed an application under Section 19(2) seeking directions for information. A settlement was reached between the parties, and the NCLAT issued an order on February 12, 2019, based on a Company Appeal filed by a shareholder of SRS Real Infrastructure Limited, stating that the operational creditor had received the amount due. Consequently, the applicants requested the withdrawal of the
…CP (IB) No.158/Chd/Hry/2…
The Tribunal admitted…