The case involves an application IA-1393/2023 in the matter of Aadi Buildwell Pvt. Ltd. versus Focus Realcon Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi Bench. The application is considered in relation to Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The order was delivered on March 13, 2023.
Aadi Buildwell Pvt. Ltd. filed an application (IA-1393/2023) against Focus Realcon Pvt. Ltd. under Section 7 of the IBC, 2016. The CoC passed a resolution on January 17, 2023. Based on this resolution and the averments made in the application, the court allowed IA-1393/2023. Consequently, the initial insolvency application (IB-461/ND/2022) was dismissed as withdrawn, suggesting a settlement or resolution between the parties.
Sign in to view the parties.
The Committee of…
The order was delivered on March 13, 2023,…
The case involves an application IA-1393/2023 in the matter of Aadi Buildwell Pvt. Ltd. versus Focus Realcon Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi Bench. The application is considered in relation to Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The order was delivered on March 13, 2023.
Aadi Buildwell Pvt. Ltd. filed an application (IA-1393/2023) against Focus Realcon Pvt. Ltd. under Section 7 of the IBC, 2016. The CoC passed a resolution on January 17, 2023. Based on this resolution and the averments made in the application, the court allowed IA-1393/2023. Consequently, the initial insolvency application (IB-461/ND/2022) was dismissed as withdrawn, suggesting a settlement or resolution between the parties.
The Committee of…
The order was delivered on March 13, 2023,…