The case involves an application filed under Section 12A of the Insolvency and Bankruptcy Code (IBC) for the withdrawal of a corporate insolvency resolution process (CIRP) initiated under Section 9. The Interim Resolution Professional (IRP) received Form FA, indicating the operational creditor's intent to withdraw the petition before the constitution of the Committee of Creditors (CoC). The IRP had taken steps to make public announcements and call for claims from creditors, but no claims were received before the withdrawal request.
An application was filed under Section 12A of the IBC for withdrawal of the main company petition under Section 9. The IRP received Form FA indicating the operational creditor's intent to withdraw the petition before the constitution of the CoC. The IRP had initiated steps to make public announcements and call for claims from creditors. The total CIRP cost, including fees amounting to Rs. 1,18,000/-, was paid through NEFT. The Corporate Debtor is M/s Ebullient Cables Pvt. Ltd. The order for initiation of CIRP was passed on 2024-02-14. The IRP was Sh. Satyendra Sharma.
Sign in to view the parties.
Order for initiation of…
Form FA was received by the IRP before the…
The case involves an application filed under Section 12A of the Insolvency and Bankruptcy Code (IBC) for the withdrawal of a corporate insolvency resolution process (CIRP) initiated under Section 9. The Interim Resolution Professional (IRP) received Form FA, indicating the operational creditor's intent to withdraw the petition before the constitution of the Committee of Creditors (CoC). The IRP had taken steps to make public announcements and call for claims from creditors, but no claims were received before the withdrawal request.
An application was filed under Section 12A of the IBC for withdrawal of the main company petition under Section 9. The IRP received Form FA indicating the operational creditor's intent to withdraw the petition before the constitution of the CoC. The IRP had initiated steps to make public announcements and call for claims from creditors. The total CIRP cost, including fees amounting to Rs. 1,18,000/-, was paid through NEFT. The Corporate Debtor is M/s Ebullient Cables Pvt. Ltd. The order for initiation of CIRP was passed on 2024-02-14. The IRP was Sh. Satyendra Sharma.
Order for initiation of…
Form FA was received by the IRP before the…