I.A. No. 4459/2023 was filed for the withdrawal of the main CP. The matter has been settled between the parties for an amount of Rs. 37,50,00,000/- payable in six installments by the Corporate Debtor (CD). The Financial Creditor (FC) has already received part payment, and the last tranche is due on 31.12.2024.
The Financial Creditor (FC) and Corporate Debtor (CD) jointly filed I.A. No. 4459/2023 for the withdrawal of the main Corporate Insolvency Resolution Process (CIRP) application. The matter was settled between the parties for Rs. 37,50,00,000, payable in six installments by the CD. The FC has already received part payment, and the last tranche is due on 31.12.2024. The settlement led to the disposal of the CIRP application.
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Order sheet of…
Counsel for the FC and CD jointly submit that…
I.A. No. 4459/2023 was filed for the withdrawal of the main CP. The matter has been settled between the parties for an amount of Rs. 37,50,00,000/- payable in six installments by the Corporate Debtor (CD). The Financial Creditor (FC) has already received part payment, and the last tranche is due on 31.12.2024.
The Financial Creditor (FC) and Corporate Debtor (CD) jointly filed I.A. No. 4459/2023 for the withdrawal of the main Corporate Insolvency Resolution Process (CIRP) application. The matter was settled between the parties for Rs. 37,50,00,000, payable in six installments by the CD. The FC has already received part payment, and the last tranche is due on 31.12.2024. The settlement led to the disposal of the CIRP application.
Order sheet of…
Counsel for the FC and CD jointly submit that…