The case involves an application submitted on 2019-03-19 by the Resolution Professional seeking an order under Section 12A of the Insolvency Code. A petition under Section 7 of the IB Code was admitted on 2018-11-02 for a debt of Rs. 2,62,00,000, and Mr. Shailesh B. Desai was appointed as Interim Resolution Professional, later confirmed as Resolution Professional. The Committee of Creditors (CoC) approved the withdrawal of the petition, and Sunshine Caterers (Corporate Debtor) had appealed to NCLAT, which was decided as withdrawn on 2019-02-28.
On 2019-03-19, the Resolution Professional applied for an order under Section 12A of the Insolvency Code. Previously, on 2018-11-02, a petition under Section 7 of the IB Code was admitted concerning a debt of Rs. 2,62,00,000, and Mr. Shailesh B. Desai was appointed as the Resolution Professional. The Committee of Creditors approved the withdrawal of the petition, documented in Form 'A' dated 2019-03-08. Sunshine Caterers (Corporate Debtor) had appealed to NCLAT, which was decided as 'withdrawn' on 2019-02-28. The members of the Committee of Creditors consented to close the Corporate Insolvency Resolution Process, considering Regulation 30A of the Corporate Insolvency Resolution Process Regulations. Each creditor individually settled their respective debt with the
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A petition under Section…
The appeal filed by…
The case involves an application submitted on 2019-03-19 by the Resolution Professional seeking an order under Section 12A of the Insolvency Code. A petition under Section 7 of the IB Code was admitted on 2018-11-02 for a debt of Rs. 2,62,00,000, and Mr. Shailesh B. Desai was appointed as Interim Resolution Professional, later confirmed as Resolution Professional. The Committee of Creditors (CoC) approved the withdrawal of the petition, and Sunshine Caterers (Corporate Debtor) had appealed to NCLAT, which was decided as withdrawn on 2019-02-28.
On 2019-03-19, the Resolution Professional applied for an order under Section 12A of the Insolvency Code. Previously, on 2018-11-02, a petition under Section 7 of the IB Code was admitted concerning a debt of Rs. 2,62,00,000, and Mr. Shailesh B. Desai was appointed as the Resolution Professional. The Committee of Creditors approved the withdrawal of the petition, documented in Form 'A' dated 2019-03-08. Sunshine Caterers (Corporate Debtor) had appealed to NCLAT, which was decided as 'withdrawn' on 2019-02-28. The members of the Committee of Creditors consented to close the Corporate Insolvency Resolution Process, considering Regulation 30A of the Corporate Insolvency Resolution Process Regulations. Each creditor individually settled their respective debt with the
…A petition under Section…
The appeal filed by…