The case involves an application IA-3563/2022 filed by the Interim Resolution Professional (IRP) under Section 12A with Regulation 30A of IBBI Regulations 2016. The IRP's counsel submits that no Committee of Creditors (COC) has been formed, and all IRP dues have been paid. The Financial Creditor has signed Form FA, which is placed at page 35 of the application.
M/s. Devyog Solutions Pvt. Ltd. filed an application against M/s. Dwarkadhis Projects Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Interim Resolution Professional (IRP) filed IA-3563/2022 under Section 12A with Regulation 30A of IBBI Regulations 2016. No Committee of Creditors (COC) was formed, and all dues of the IRP were paid. The Financial Creditor signed Form FA. The applicant sought withdrawal of the application, which was permitted by the court. Consequently, the main petition (IB)-369(ND)2019 was dismissed as withdrawn, freeing the Corporate Debtor from CIRP, and discharging the IRP.
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The case involves an application IA-3563/2022 filed by the Interim Resolution Professional (IRP) under Section 12A with Regulation 30A of IBBI Regulations 2016. The IRP's counsel submits that no Committee of Creditors (COC) has been formed, and all IRP dues have been paid. The Financial Creditor has signed Form FA, which is placed at page 35 of the application.
M/s. Devyog Solutions Pvt. Ltd. filed an application against M/s. Dwarkadhis Projects Pvt. Ltd. under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Interim Resolution Professional (IRP) filed IA-3563/2022 under Section 12A with Regulation 30A of IBBI Regulations 2016. No Committee of Creditors (COC) was formed, and all dues of the IRP were paid. The Financial Creditor signed Form FA. The applicant sought withdrawal of the application, which was permitted by the court. Consequently, the main petition (IB)-369(ND)2019 was dismissed as withdrawn, freeing the Corporate Debtor from CIRP, and discharging the IRP.
The Insolven…
Order delivered on…