The case involves Daimler Financial Services Pvt. Ltd. as the applicant/petitioner and Value Infracon India Pvt. Ltd. as the respondent. The matter pertains to Section 7 of the Insolvency and Bankruptcy Code, 2016, specifically concerning the Corporate Insolvency Resolution Process (CIRP). The order was delivered on February 8, 2019.
Daimler Financial Services Pvt. Ltd. filed a petition against Value Infracon India Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on July 30, 2018. A status report was taken on record. The court considered excluding the period from October 25, 2018, to January 18, 2019, consumed in litigation, from the CIRP period of 270 days. The court noted the plea and orders of the Supreme Court and ordered the exclusion of the period. CA-189(PB)/2019 and CA-190(PB)/2019 were disposed of.
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The petition was…
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The case involves Daimler Financial Services Pvt. Ltd. as the applicant/petitioner and Value Infracon India Pvt. Ltd. as the respondent. The matter pertains to Section 7 of the Insolvency and Bankruptcy Code, 2016, specifically concerning the Corporate Insolvency Resolution Process (CIRP). The order was delivered on February 8, 2019.
Daimler Financial Services Pvt. Ltd. filed a petition against Value Infracon India Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on July 30, 2018. A status report was taken on record. The court considered excluding the period from October 25, 2018, to January 18, 2019, consumed in litigation, from the CIRP period of 270 days. The court noted the plea and orders of the Supreme Court and ordered the exclusion of the period. CA-189(PB)/2019 and CA-190(PB)/2019 were disposed of.
The petition was…
Start of the…