The application IA/2010/ND/2022 was moved on behalf of the IRP for withdrawal of proceedings under Section 12A of the IBC. The IRP stated that the matter has been settled between the parties. The settlement was arrived at between the parties and approved by the CoC.
Rajesh Gupta (Applicant) initiated a case against Aditya Interseas Pvt Ltd (Respondent) under Section 9 of the IBC. The IRP moved an application (IA/2010/ND/2022) for withdrawal of the proceedings under Section 12A of the IBC, stating that the matter had been settled between the parties. The settlement was approved by the Committee of Creditors (CoC). The IRP also stated that they had been fully paid and had no grievance. The court then allowed the application, withdrew the proceedings, and terminated the Corporate Insolvency Resolution Process (CIRP).
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The IRP moved an application for withdrawal of…
The matter was settled…
The application IA/2010/ND/2022 was moved on behalf of the IRP for withdrawal of proceedings under Section 12A of the IBC. The IRP stated that the matter has been settled between the parties. The settlement was arrived at between the parties and approved by the CoC.
Rajesh Gupta (Applicant) initiated a case against Aditya Interseas Pvt Ltd (Respondent) under Section 9 of the IBC. The IRP moved an application (IA/2010/ND/2022) for withdrawal of the proceedings under Section 12A of the IBC, stating that the matter had been settled between the parties. The settlement was approved by the Committee of Creditors (CoC). The IRP also stated that they had been fully paid and had no grievance. The court then allowed the application, withdrew the proceedings, and terminated the Corporate Insolvency Resolution Process (CIRP).
The IRP moved an application for withdrawal of…
The matter was settled…