The application was filed by five workmen of the Corporate Debtor (in liquidation) seeking condonation of delay in filing claims, a direction to the Official Liquidator to accept and disburse their claims, and a direction to the Resolution Professional to consider their total claims.
The applicants, who are five workmen of Duckbill Drugs Private Limited (Corporate Debtor in Liquidation), filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the National Company Law Tribunal Rules, 2016. They sought condonation of delay in filing their claims, a direction to the Official Liquidator to accept and disburse their claims, and a direction to the Respondent Resolution Professional to consider their total claims. C.P. (IB)/972(KB)2018 was filed by Bell Finvest (India) Limited, the Financial Creditor, to initiate CIRP against Duckbill Drugs Private Limited. The petition was heard on February 16, 2022, and the Tribunal directed the matter to come up for hearing on April 19, 2022, for filing of a Progress
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C.P. (IB)/972(KB)2018 filed by Bell Finvest…
Workmen made a detailed…
The application was filed by five workmen of the Corporate Debtor (in liquidation) seeking condonation of delay in filing claims, a direction to the Official Liquidator to accept and disburse their claims, and a direction to the Resolution Professional to consider their total claims.
The applicants, who are five workmen of Duckbill Drugs Private Limited (Corporate Debtor in Liquidation), filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the National Company Law Tribunal Rules, 2016. They sought condonation of delay in filing their claims, a direction to the Official Liquidator to accept and disburse their claims, and a direction to the Respondent Resolution Professional to consider their total claims. C.P. (IB)/972(KB)2018 was filed by Bell Finvest (India) Limited, the Financial Creditor, to initiate CIRP against Duckbill Drugs Private Limited. The petition was heard on February 16, 2022, and the Tribunal directed the matter to come up for hearing on April 19, 2022, for filing of a Progress
…C.P. (IB)/972(KB)2018 filed by Bell Finvest…
Workmen made a detailed…