The case involves a Company Petition (CP (IB) No. 567 of 2022) filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Financial Creditor sought to initiate insolvency proceedings against the Corporate Debtor. The matter was pending adjudication before the NCLT Mumbai Bench.
Piramal Capital & Housing Finance Limited filed a Company Petition (CP (IB) No. 567 of 2022) against Doit Urban Ventures (India) Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition was pending adjudication before the NCLT Mumbai Bench. The Financial Creditor, Piramal Capital & Housing Finance Limited, through its counsel Ms. Kriti Kalyani, stated that they wished to withdraw the petition. The Corporate Debtor, Doit Urban Ventures (India) Private Limited, was represented by Mr. Shyam Kapadia. The withdrawal of the main petition also affected an Interlocutory Application (IA No. 387 of 2023) and other related applications.
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Hearing on the Company Petition where the…
The case involves a Company Petition (CP (IB) No. 567 of 2022) filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Financial Creditor sought to initiate insolvency proceedings against the Corporate Debtor. The matter was pending adjudication before the NCLT Mumbai Bench.
Piramal Capital & Housing Finance Limited filed a Company Petition (CP (IB) No. 567 of 2022) against Doit Urban Ventures (India) Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition was pending adjudication before the NCLT Mumbai Bench. The Financial Creditor, Piramal Capital & Housing Finance Limited, through its counsel Ms. Kriti Kalyani, stated that they wished to withdraw the petition. The Corporate Debtor, Doit Urban Ventures (India) Private Limited, was represented by Mr. Shyam Kapadia. The withdrawal of the main petition also affected an Interlocutory Application (IA No. 387 of 2023) and other related applications.
Hearing on the Company Petition where the…