The Interim Application (IA) 3443/2022 was filed by the Resolution Professional (RP) seeking orders from the National Company Law Tribunal (NCLT), Mumbai Bench, under Section 12A read with Section 60(5) of the Insolvency and Bankruptcy Code (IBC) and regulation 30A of the Insolvency and Bankruptcy Board of India (IBBI) (Insolvency Resolution Process for Corporate Persons) regulations, 2016. The application pertains to the withdrawal of the concern petition.
The Resolution Professional (RP) filed IA 3443/2022 seeking orders for withdrawal of a concern petition. The counsel for the Interim Resolution Professional (IRP) submitted that a full and final settlement amount, as per the consent terms and Deed of Settlement, has been paid to the satisfaction of the Financial Creditor. The Corporate Insolvency Resolution Process (CIRP) was initiated against Ams Trading And Investment Private Limited. CP bearing no 3793/2019 was related to the CIRP.
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Order sheet…
The Interim Application (IA) 3443/2022 was filed by the Resolution Professional (RP) seeking orders from the National Company Law Tribunal (NCLT), Mumbai Bench, under Section 12A read with Section 60(5) of the Insolvency and Bankruptcy Code (IBC) and regulation 30A of the Insolvency and Bankruptcy Board of India (IBBI) (Insolvency Resolution Process for Corporate Persons) regulations, 2016. The application pertains to the withdrawal of the concern petition.
The Resolution Professional (RP) filed IA 3443/2022 seeking orders for withdrawal of a concern petition. The counsel for the Interim Resolution Professional (IRP) submitted that a full and final settlement amount, as per the consent terms and Deed of Settlement, has been paid to the satisfaction of the Financial Creditor. The Corporate Insolvency Resolution Process (CIRP) was initiated against Ams Trading And Investment Private Limited. CP bearing no 3793/2019 was related to the CIRP.
Order sheet…