The document pertains to two applications, IA(IBC)126/2023 and IA(IBC)65/2023, filed in relation to CP (IB) No.122/9/HDB/2020. IA(IBC)126/2023 was filed by the Resolution Professional (RP) seeking to take the constitution of the Committee of Creditors (COC) report on record. IA(IBC)65/2023 was filed by the Interim Resolution Professional (IRP) under Section 12A of the Insolvency and Bankruptcy Code (IBC), 2016, read with Regulation 30A of the Insolvency and Bankruptcy Board of India (IBBI) (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking to withdraw CP. No. 122/9/HDB/2020, which was admitted by the tribunal on 2022-12-15.
Amaravathi Apartments & Villas India Pvt Ltd is the company involved in the Corporate Insolvency Resolution Process (CIRP). CP No. 122/9/HDB/2020 was admitted by the tribunal on 2022-12-15. Robo Sillicon Pvt Ltd is the petitioner. The Interim Resolution Professional (IRP) filed IA(IBC)65/2023 under Section 12A of the IBC, seeking to withdraw CP No. 122/9/HDB/2020, stating that the parties had settled the matter. The Resolution Professional (RP) filed IA(IBC)126/2023 seeking to take the constitution of the COC report on record. According to Section 12A, the Adjudicating Authority may allow the withdrawal of an application admitted under Section 7, 9, or 10, on an application made by the applicant with the approval of 90% voting share of the Committee of Creditors (CoC).
Sign in to view the parties.
CP (IB) No.122/9/HDB/202…
CP (IB) No.122/9/HDB/202…
The document pertains to two applications, IA(IBC)126/2023 and IA(IBC)65/2023, filed in relation to CP (IB) No.122/9/HDB/2020. IA(IBC)126/2023 was filed by the Resolution Professional (RP) seeking to take the constitution of the Committee of Creditors (COC) report on record. IA(IBC)65/2023 was filed by the Interim Resolution Professional (IRP) under Section 12A of the Insolvency and Bankruptcy Code (IBC), 2016, read with Regulation 30A of the Insolvency and Bankruptcy Board of India (IBBI) (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking to withdraw CP. No. 122/9/HDB/2020, which was admitted by the tribunal on 2022-12-15.
Amaravathi Apartments & Villas India Pvt Ltd is the company involved in the Corporate Insolvency Resolution Process (CIRP). CP No. 122/9/HDB/2020 was admitted by the tribunal on 2022-12-15. Robo Sillicon Pvt Ltd is the petitioner. The Interim Resolution Professional (IRP) filed IA(IBC)65/2023 under Section 12A of the IBC, seeking to withdraw CP No. 122/9/HDB/2020, stating that the parties had settled the matter. The Resolution Professional (RP) filed IA(IBC)126/2023 seeking to take the constitution of the COC report on record. According to Section 12A, the Adjudicating Authority may allow the withdrawal of an application admitted under Section 7, 9, or 10, on an application made by the applicant with the approval of 90% voting share of the Committee of Creditors (CoC).
CP (IB) No.122/9/HDB/202…
CP (IB) No.122/9/HDB/202…