The application IA-634/2022 was filed seeking to allow the application under section 12A read with regulation 30A and allow withdrawal of the Corporate Insolvency Resolution Process against the Corporate Debtor under section 12A pursuant to the settlement arrived at between the parties in Company Petition No. (IB)-3013/ND/2019 admitted vide order dated 21.01.2022. The application also sought to exempt and discharge the interim resolution professional from taking any further action in CIRP process and ROC filing.
M/s. Reach International filed an application to withdraw the Corporate Insolvency Resolution Process (CIRP) against M/s. Altech Infrastructure (P) Ltd. under Section 12A of the IBC, 2016, based on a settlement. The Interim Resolution Professional (IRP) had received the CIRP cost and fee and a claim from one Operational Creditor, but the Committee of Creditors (COC) had not been constituted. The application was filed in Company Petition No. (IB)-3013/ND/2019, which was admitted on 21.01.2022.
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The application IA-634/2022 was filed seeking to allow the application under section 12A read with regulation 30A and allow withdrawal of the Corporate Insolvency Resolution Process against the Corporate Debtor under section 12A pursuant to the settlement arrived at between the parties in Company Petition No. (IB)-3013/ND/2019 admitted vide order dated 21.01.2022. The application also sought to exempt and discharge the interim resolution professional from taking any further action in CIRP process and ROC filing.
M/s. Reach International filed an application to withdraw the Corporate Insolvency Resolution Process (CIRP) against M/s. Altech Infrastructure (P) Ltd. under Section 12A of the IBC, 2016, based on a settlement. The Interim Resolution Professional (IRP) had received the CIRP cost and fee and a claim from one Operational Creditor, but the Committee of Creditors (COC) had not been constituted. The application was filed in Company Petition No. (IB)-3013/ND/2019, which was admitted on 21.01.2022.
Company Petit…
Company Petit…