The application, I.A. 3281/2024, was filed by the Resolution Professional (RP) under Section 12A seeking withdrawal of the petition. The basis for the withdrawal is the settlement reached between the parties involved.
The Resolution Professional (RP) filed an application (I.A. 3281/2024) under Section 12A of the Insolvency and Bankruptcy Code, 2016, seeking withdrawal of the insolvency petition. The reason for seeking withdrawal is that the matter has been settled between M/s. Adamya Export and Import Pvt. Ltd. and M/s. Aadhar Infra Holding Ltd. A settlement agreement dated 19.06.2024 was placed on record. The RP affirmed that all requirements under Regulation 30A of the CIRP Regulations have been met. The court considered these facts and disposed of the Company Petition and the I.A.
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Settlement agreement…
Order delivered on…
The application, I.A. 3281/2024, was filed by the Resolution Professional (RP) under Section 12A seeking withdrawal of the petition. The basis for the withdrawal is the settlement reached between the parties involved.
The Resolution Professional (RP) filed an application (I.A. 3281/2024) under Section 12A of the Insolvency and Bankruptcy Code, 2016, seeking withdrawal of the insolvency petition. The reason for seeking withdrawal is that the matter has been settled between M/s. Adamya Export and Import Pvt. Ltd. and M/s. Aadhar Infra Holding Ltd. A settlement agreement dated 19.06.2024 was placed on record. The RP affirmed that all requirements under Regulation 30A of the CIRP Regulations have been met. The court considered these facts and disposed of the Company Petition and the I.A.
Settlement agreement…
Order delivered on…