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 based on the premise that Feedback Infra Private Limited was in default of its financial obligations to HDFC Bank Limited. However, prior to the hearing of this application, another petition, Company Petition No. (IB)-545(ND)/2023, had already been admitted against Feedback Infra Private Limited, and CIRP had commenced with Mr. Rajneesh Kumar Aggarwal appointed as the IRP. Given the ongoing CIRP, the court considered the appropriate course of action for the present application.

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 based on the premise that Feedback Infra Private Limited was in default of its financial obligations to HDFC Bank Limited. However, prior to the hearing of this application, another petition, Company Petition No. (IB)-545(ND)/2023, had already been admitted against Feedback Infra Private Limited, and CIRP had commenced with Mr. Rajneesh Kumar Aggarwal appointed as the IRP. Given the ongoing CIRP, the court considered the appropriate course of action for the present application.