The case involves an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiated by Hiranmaye Energy Limited (Operational Creditor) against West Bengal Mineral Development & Trading Corporation Limited (Corporate Debtor). The Operational Creditor filed CA(IB)No.910/KB/2018 and CP(IB)No.798/KB/2018. Subsequently, the Corporate Debtor paid the entire amount claimed by the Operational Creditor after the admission of the Corporate Insolvency Resolution Process (CIRP). The Operational Creditor then requested the withdrawal of the Corporate Insolvency Petition (CP).
Hiranmaye Energy Limited, the Operational Creditor, initiated insolvency proceedings against West Bengal Mineral Development & Trading Corporation Limited, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The case was registered as CA(IB)No.910/KB/2018 and CP(IB)No.798/KB/2018. After the Corporate Insolvency Resolution Process (CIRP) was admitted, the Corporate Debtor paid the entire amount claimed by the Operational Creditor. The Operational Creditor then requested the Resolution Professional (RP) to withdraw the Corporate Insolvency Petition (CP). The Government of West Bengal, being the sole Financial Creditor with 100% voting share in the Committee of Creditors (CoC), approved the withdrawal of the CP in a meeting held on
…Sign in to view the parties.
The Operational Creditor, via a letter dated…
The Committee of Creditors (CoC), i.e., the…
The case involves an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiated by Hiranmaye Energy Limited (Operational Creditor) against West Bengal Mineral Development & Trading Corporation Limited (Corporate Debtor). The Operational Creditor filed CA(IB)No.910/KB/2018 and CP(IB)No.798/KB/2018. Subsequently, the Corporate Debtor paid the entire amount claimed by the Operational Creditor after the admission of the Corporate Insolvency Resolution Process (CIRP). The Operational Creditor then requested the withdrawal of the Corporate Insolvency Petition (CP).
Hiranmaye Energy Limited, the Operational Creditor, initiated insolvency proceedings against West Bengal Mineral Development & Trading Corporation Limited, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The case was registered as CA(IB)No.910/KB/2018 and CP(IB)No.798/KB/2018. After the Corporate Insolvency Resolution Process (CIRP) was admitted, the Corporate Debtor paid the entire amount claimed by the Operational Creditor. The Operational Creditor then requested the Resolution Professional (RP) to withdraw the Corporate Insolvency Petition (CP). The Government of West Bengal, being the sole Financial Creditor with 100% voting share in the Committee of Creditors (CoC), approved the withdrawal of the CP in a meeting held on
…The Operational Creditor, via a letter dated…
The Committee of Creditors (CoC), i.e., the…