An application was filed under Section 12A of the Code seeking to withdraw CP No.(IB)408/ALD/2019. The IRP counsel stated that the parties have amicably settled the matter after the initiation of CIRP vide order dated 25.08.2021. Only one claim from Punjab National Bank was received and was under verification, and the CoC was not formed.
An application was filed under Section 12A to withdraw CP No.(IB)408/ALD/2019. The parties involved reached an amicable settlement after the CIRP initiation on 2021-08-25. Only one claim was received from Punjab National Bank, which was under verification. Consequently, the Committee of Creditors (CoC) was not formed. The IRP confirmed that all costs and fees related to the IRP were paid, with no outstanding dues. The court considered the submissions and documents presented.
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Application filed U/s…
CIRP initiate…
An application was filed under Section 12A of the Code seeking to withdraw CP No.(IB)408/ALD/2019. The IRP counsel stated that the parties have amicably settled the matter after the initiation of CIRP vide order dated 25.08.2021. Only one claim from Punjab National Bank was received and was under verification, and the CoC was not formed.
An application was filed under Section 12A to withdraw CP No.(IB)408/ALD/2019. The parties involved reached an amicable settlement after the CIRP initiation on 2021-08-25. Only one claim was received from Punjab National Bank, which was under verification. Consequently, the Committee of Creditors (CoC) was not formed. The IRP confirmed that all costs and fees related to the IRP were paid, with no outstanding dues. The court considered the submissions and documents presented.
Application filed U/s…
CIRP initiate…