The case pertains to C.P. (I.B) No. 239/9/NCLT/AHM/2019 before the National Company Law Tribunal, Ahmedabad Bench. The matter involves Power2SME Pvt Ltd V/s Superdrawn Wire Industries Pvt Ltd. The Corporate Debtor has already been admitted into CIRP in CP (IB) No. 68 of 2020 vide order dated 15.03.2021.
The case involves Power2SME Pvt Ltd V/s Superdrawn Wire Industries Pvt Ltd. The Corporate Debtor, Superdrawn Wire Industries Pvt Ltd, has already been admitted into Corporate Insolvency Resolution Process (CIRP) under CP (IB) No. 68 of 2020, with an order dated 2021-03-15. Consequently, the current application, CP (IB) No. 239 of 2019, is rendered infructuous. The court grants liberty to the Financial Creditor to file its claim before the Interim Resolution Professional (IRP) or Resolution Professional (RP) in the ongoing CIRP. The Financial Creditor is also given the liberty to revive the current proceeding if the CIRP of the Corporate Debtor is set aside.
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Corporate Debtor…
CP (IB) No. 239…
The case pertains to C.P. (I.B) No. 239/9/NCLT/AHM/2019 before the National Company Law Tribunal, Ahmedabad Bench. The matter involves Power2SME Pvt Ltd V/s Superdrawn Wire Industries Pvt Ltd. The Corporate Debtor has already been admitted into CIRP in CP (IB) No. 68 of 2020 vide order dated 15.03.2021.
The case involves Power2SME Pvt Ltd V/s Superdrawn Wire Industries Pvt Ltd. The Corporate Debtor, Superdrawn Wire Industries Pvt Ltd, has already been admitted into Corporate Insolvency Resolution Process (CIRP) under CP (IB) No. 68 of 2020, with an order dated 2021-03-15. Consequently, the current application, CP (IB) No. 239 of 2019, is rendered infructuous. The court grants liberty to the Financial Creditor to file its claim before the Interim Resolution Professional (IRP) or Resolution Professional (RP) in the ongoing CIRP. The Financial Creditor is also given the liberty to revive the current proceeding if the CIRP of the Corporate Debtor is set aside.
Corporate Debtor…
CP (IB) No. 239…