CA No. 783/ND/2020 was filed by the Operational Creditor seeking termination of the CIR process. The Hon'ble NCLAT directed that the IRP should not take steps for publication or constitute the COC. The Operational Creditor's claim has been settled, and they are filing for termination of the COC. The application has been filed through the IRP, and the affidavit of IRP and Form 'FA' are also filed.
Mr. Akash Agarwal Tirupati Green Energies Pvt. Ltd. filed an application (CA No. 783/ND/2020) as an Operational Creditor seeking the termination of the Corporate Insolvency Resolution Process (CIRP) against Steamax Envirocare Pvt. Ltd. The application was based on the settlement of the Operational Creditor's claim. The Hon'ble NCLAT had previously directed that the IRP should not take steps for publication or constitute the Committee of Creditors (COC). The IRP also filed an affidavit and Form 'FA'. No COC had been constituted, and CIRP proceedings had not yet commenced. The IRP's claim has been settled.
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CA No. 783/ND/2020 was filed by the Operational Creditor seeking termination of the CIR process. The Hon'ble NCLAT directed that the IRP should not take steps for publication or constitute the COC. The Operational Creditor's claim has been settled, and they are filing for termination of the COC. The application has been filed through the IRP, and the affidavit of IRP and Form 'FA' are also filed.
Mr. Akash Agarwal Tirupati Green Energies Pvt. Ltd. filed an application (CA No. 783/ND/2020) as an Operational Creditor seeking the termination of the Corporate Insolvency Resolution Process (CIRP) against Steamax Envirocare Pvt. Ltd. The application was based on the settlement of the Operational Creditor's claim. The Hon'ble NCLAT had previously directed that the IRP should not take steps for publication or constitute the Committee of Creditors (COC). The IRP also filed an affidavit and Form 'FA'. No COC had been constituted, and CIRP proceedings had not yet commenced. The IRP's claim has been settled.
Order delivered on…