The case involves a Company Petition (IB/216/2021) before the National Company Law Tribunal (NCLT), Hyderabad Bench. The petition was filed by ICICI Bank Ltd against AMR India Ltd under Section 7 of the Insolvency and Bankruptcy Code (IBC). The hearing was conducted via video conference on April 1, 2022.
ICICI Bank Ltd initiated a Company Petition (IB/216/2021) against AMR India Ltd under Section 7 of the IBC. Both parties appeared through their respective counsels via video conference. A settlement was reached between ICICI Bank Ltd (Financial Creditor) and AMR India Ltd (Corporate Debtor). ICICI Bank Ltd filed a Withdrawal Memo on March 31, 2022, which was placed on record. The key fact is the settlement, leading to the withdrawal of the application.
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Financial Creditor…
Hearing held via video…
The case involves a Company Petition (IB/216/2021) before the National Company Law Tribunal (NCLT), Hyderabad Bench. The petition was filed by ICICI Bank Ltd against AMR India Ltd under Section 7 of the Insolvency and Bankruptcy Code (IBC). The hearing was conducted via video conference on April 1, 2022.
ICICI Bank Ltd initiated a Company Petition (IB/216/2021) against AMR India Ltd under Section 7 of the IBC. Both parties appeared through their respective counsels via video conference. A settlement was reached between ICICI Bank Ltd (Financial Creditor) and AMR India Ltd (Corporate Debtor). ICICI Bank Ltd filed a Withdrawal Memo on March 31, 2022, which was placed on record. The key fact is the settlement, leading to the withdrawal of the application.
Financial Creditor…
Hearing held via video…