IIFCL Asset Management Company Limited, identified as the Financial Creditor, initiated proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Feedback Infra Private Limited, the Corporate Debtor. The application sought to commence the Corporate Insolvency Resolution Process (CIRP). However, the NCLT noted that a prior petition, Company Petition No. (IB)-545(ND)/2023, had already been admitted on 2024-01-11, initiating CIRP against Feedback Infra Private Limited, with Mr. Rajneesh Kumar Aggarwal appointed as the Interim Resolution Professional (IRP). Given the existing CIRP, the Tribunal disposed of the current application, granting IIFCL Asset Management Company Limited the liberty to file its claim with the appointed IRP.

IIFCL Asset Management Company Limited, identified as the Financial Creditor, initiated proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Feedback Infra Private Limited, the Corporate Debtor. The application sought to commence the Corporate Insolvency Resolution Process (CIRP). However, the NCLT noted that a prior petition, Company Petition No. (IB)-545(ND)/2023, had already been admitted on 2024-01-11, initiating CIRP against Feedback Infra Private Limited, with Mr. Rajneesh Kumar Aggarwal appointed as the Interim Resolution Professional (IRP). Given the existing CIRP, the Tribunal disposed of the current application, granting IIFCL Asset Management Company Limited the liberty to file its claim with the appointed IRP.