HDFC Bank Limited, the financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Feedback Infra Private Limited. The application was filed with the National Company Law Tribunal (NCLT), New Delhi Bench.
HDFC Bank Limited filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Feedback Infra Private Limited. The application was filed before the NCLT, New Delhi Bench. Prior to this application, another petition, Company Petition No. (IB)-545(ND)/2023, had already been admitted by the NCLT on 11.01.2024, initiating CIRP against Feedback Infra Private Limited, and Mr. Rajneesh Kumar Aggarwal was appointed as the IRP. The present application was disposed of, granting HDFC Bank the liberty to stake its claim before the IRP in the ongoing CIRP. The order also stated that HDFC Bank could revive the application if the CIRP terminates without a resolution plan or liquidation.
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Company Petition No. (IB)-566(ND)/2023 filed by…
Order passed in Company Petition No.…
HDFC Bank Limited, the financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Feedback Infra Private Limited. The application was filed with the National Company Law Tribunal (NCLT), New Delhi Bench.
HDFC Bank Limited filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Feedback Infra Private Limited. The application was filed before the NCLT, New Delhi Bench. Prior to this application, another petition, Company Petition No. (IB)-545(ND)/2023, had already been admitted by the NCLT on 11.01.2024, initiating CIRP against Feedback Infra Private Limited, and Mr. Rajneesh Kumar Aggarwal was appointed as the IRP. The present application was disposed of, granting HDFC Bank the liberty to stake its claim before the IRP in the ongoing CIRP. The order also stated that HDFC Bank could revive the application if the CIRP terminates without a resolution plan or liquidation.
Company Petition No. (IB)-566(ND)/2023 filed by…
Order passed in Company Petition No.…