M/s Raj Process Equipments and Systems Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, before the NCLT Mumbai Bench, numbered as CP (IB) No. 3284/MB/2018. The NCLT admitted the application on 06.03.2019. M/s Welcome Distilleries Private Limited, the respondent, appealed against this decision before the NCLAT. The NCLAT set aside the order on 02.08.2019, directing the Adjudicating Authority to decide the fee and cost of the Resolution Professional. The case was then transferred to the current Adjudicating Authority and renumbered as TP No. 101/CTB/2019.
M/s Raj Process Equipments and Systems Pvt. Ltd. initiated insolvency proceedings against M/s Welcome Distilleries Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The initial application, CP (IB) No. 3284/MB/2018, was filed before the NCLT Mumbai Bench. The NCLT admitted the application on 06.03.2019, leading M/s Welcome Distilleries to appeal to the NCLAT. The NCLAT, in Company Appeal (AT) (Insolvency) No. 316 of 2019, set aside the NCLT's order on 02.08.2019, directing the Adjudicating Authority to decide on the Resolution Professional's fees and costs. The case was transferred and renumbered as TP No. 101/CTB/2019. M/s Welcome Distilleries stated that the matter had been settled and that they had already paid Rs. 2,36,000/- to the Interim
…Sign in to view the parties.
M/s Raj Process Equipments and Systems…
Hon'ble NCLT a…
M/s Raj Process Equipments and Systems Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, before the NCLT Mumbai Bench, numbered as CP (IB) No. 3284/MB/2018. The NCLT admitted the application on 06.03.2019. M/s Welcome Distilleries Private Limited, the respondent, appealed against this decision before the NCLAT. The NCLAT set aside the order on 02.08.2019, directing the Adjudicating Authority to decide the fee and cost of the Resolution Professional. The case was then transferred to the current Adjudicating Authority and renumbered as TP No. 101/CTB/2019.
M/s Raj Process Equipments and Systems Pvt. Ltd. initiated insolvency proceedings against M/s Welcome Distilleries Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The initial application, CP (IB) No. 3284/MB/2018, was filed before the NCLT Mumbai Bench. The NCLT admitted the application on 06.03.2019, leading M/s Welcome Distilleries to appeal to the NCLAT. The NCLAT, in Company Appeal (AT) (Insolvency) No. 316 of 2019, set aside the NCLT's order on 02.08.2019, directing the Adjudicating Authority to decide on the Resolution Professional's fees and costs. The case was transferred and renumbered as TP No. 101/CTB/2019. M/s Welcome Distilleries stated that the matter had been settled and that they had already paid Rs. 2,36,000/- to the Interim
…M/s Raj Process Equipments and Systems…
Hon'ble NCLT a…