The case involves an application (IA No. 2080/2023) filed by the Interim Resolution Professional (IRP) seeking withdrawal of the main Company Petition No. 179/IB/MB/2022. The application is based on a settlement reached between the Operational Creditor and the Corporate Debtor. The Operational Creditor has submitted Form-FA dated 18.05.2023 for withdrawal of the Corporate Insolvency Resolution Process (CIRP). The IRP also stated that there are no CIRP expenses incurred.
Attitude Life Science Products Private Limited initiated a Corporate Insolvency Resolution Process (CIRP) against Atharva Polymers Private Limited under Section 9 of the Insolvency & Bankruptcy Code, 2016. The Interim Resolution Professional (IRP), Ms. Kalpana Gandhi, filed an application (IA No. 2080/2023) seeking withdrawal of the main Company Petition No. 179/IB/MB/2022, citing a settlement between Attitude Life Science Products Private Limited (Operational Creditor) and Atharva Polymers Private Limited (Corporate Debtor). The Operational Creditor submitted Form-FA dated 18.05.2023 for withdrawal of the CIRP process, and the IRP confirmed that no CIRP expenses were incurred. The NCLT Mumbai Bench considered the submissions and material on record before allowing
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The Operational…
CIRP order pa…
The case involves an application (IA No. 2080/2023) filed by the Interim Resolution Professional (IRP) seeking withdrawal of the main Company Petition No. 179/IB/MB/2022. The application is based on a settlement reached between the Operational Creditor and the Corporate Debtor. The Operational Creditor has submitted Form-FA dated 18.05.2023 for withdrawal of the Corporate Insolvency Resolution Process (CIRP). The IRP also stated that there are no CIRP expenses incurred.
Attitude Life Science Products Private Limited initiated a Corporate Insolvency Resolution Process (CIRP) against Atharva Polymers Private Limited under Section 9 of the Insolvency & Bankruptcy Code, 2016. The Interim Resolution Professional (IRP), Ms. Kalpana Gandhi, filed an application (IA No. 2080/2023) seeking withdrawal of the main Company Petition No. 179/IB/MB/2022, citing a settlement between Attitude Life Science Products Private Limited (Operational Creditor) and Atharva Polymers Private Limited (Corporate Debtor). The Operational Creditor submitted Form-FA dated 18.05.2023 for withdrawal of the CIRP process, and the IRP confirmed that no CIRP expenses were incurred. The NCLT Mumbai Bench considered the submissions and material on record before allowing
…The Operational…
CIRP order pa…