The case involves Techno Fac Contracts (P) Ltd. as the operational creditor and Yatri Vihar Hospitality (P) Ltd. as the corporate debtor. The operational creditor filed a petition under Section 9 of the IBC. The NCLAT in Appeal No. 74/2018 dated 2018-04-26 dismissed the petition filed by the Operational Creditor.
Techno Fac Contracts (P) Ltd. filed a petition against Yatri Vihar Hospitality (P) Ltd. under Section 9 of the IBC. The NCLAT dismissed the petition in Appeal No. 74/2018 dated 2018-04-26. The NCLT noted that the fees of the Interim Resolution Professional (IRP) had been settled and paid without any dispute. No one appeared for the operational creditor during the hearing. The counsel for the corporate debtor and the IRP were present. The NCLT then closed the proceedings.
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NCLAT passed an order in Appeal No.74/2018…
NCLT closed the proceedings and directed…
The case involves Techno Fac Contracts (P) Ltd. as the operational creditor and Yatri Vihar Hospitality (P) Ltd. as the corporate debtor. The operational creditor filed a petition under Section 9 of the IBC. The NCLAT in Appeal No. 74/2018 dated 2018-04-26 dismissed the petition filed by the Operational Creditor.
Techno Fac Contracts (P) Ltd. filed a petition against Yatri Vihar Hospitality (P) Ltd. under Section 9 of the IBC. The NCLAT dismissed the petition in Appeal No. 74/2018 dated 2018-04-26. The NCLT noted that the fees of the Interim Resolution Professional (IRP) had been settled and paid without any dispute. No one appeared for the operational creditor during the hearing. The counsel for the corporate debtor and the IRP were present. The NCLT then closed the proceedings.
NCLAT passed an order in Appeal No.74/2018…
NCLT closed the proceedings and directed…