The present application was filed under Section 12A of the Insolvency and Bankruptcy Code (IBC) 2016 for the withdrawal of the Corporate Insolvency Resolution Process (CIRP) and the main petition bearing No.176/Chd/Pb/2019. A settlement agreement was placed on record as Annexure A3 dated 30.01.2023.
Sakshi Conbuild Pvt. Ltd. filed a petition against Gill Acqua Hydro Power Generation Company Pvt. Ltd. under the IBC, 2016. The parties reached a settlement agreement, which was placed on record. The application was filed under Section 12A of the IBC to withdraw the CIRP. The court considered the settlement agreement and allowed the withdrawal of the CIRP, dismissing the original petition and lifting the moratorium.
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Settlement agreement…
Order passed allowing…
The present application was filed under Section 12A of the Insolvency and Bankruptcy Code (IBC) 2016 for the withdrawal of the Corporate Insolvency Resolution Process (CIRP) and the main petition bearing No.176/Chd/Pb/2019. A settlement agreement was placed on record as Annexure A3 dated 30.01.2023.
Sakshi Conbuild Pvt. Ltd. filed a petition against Gill Acqua Hydro Power Generation Company Pvt. Ltd. under the IBC, 2016. The parties reached a settlement agreement, which was placed on record. The application was filed under Section 12A of the IBC to withdraw the CIRP. The court considered the settlement agreement and allowed the withdrawal of the CIRP, dismissing the original petition and lifting the moratorium.
Settlement agreement…
Order passed allowing…