The case involves a petition filed by Isht Preet Singh Sethi against Gupta Builders & Promoters Pvt. Ltd. CIRP proceedings had already been initiated against the respondent/corporate debtor, vide order dated 31.05.2022 passed by this Bench in CP(IB) No.237/Chd/Chd/2021; M/s Area Importers and Exporters Private Limited versus M/s Gupta Builders and Promoters Private Limited.
Isht Preet Singh Sethi filed a petition against Gupta Builders & Promoters Pvt. Ltd. CIRP proceedings were already initiated against Gupta Builders & Promoters Pvt. Ltd. vide order dated 31.05.2022 in CP(IB) No.237/Chd/Chd/2021. The petitioner sought to withdraw the present petition with the liberty to file a claim as an operational creditor before the IRP/RP. The court considered the facts and circumstances and the statement made by the petitioner's counsel.
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CIRP proceedings initiated against the…
The present petition, along with pending…
The case involves a petition filed by Isht Preet Singh Sethi against Gupta Builders & Promoters Pvt. Ltd. CIRP proceedings had already been initiated against the respondent/corporate debtor, vide order dated 31.05.2022 passed by this Bench in CP(IB) No.237/Chd/Chd/2021; M/s Area Importers and Exporters Private Limited versus M/s Gupta Builders and Promoters Private Limited.
Isht Preet Singh Sethi filed a petition against Gupta Builders & Promoters Pvt. Ltd. CIRP proceedings were already initiated against Gupta Builders & Promoters Pvt. Ltd. vide order dated 31.05.2022 in CP(IB) No.237/Chd/Chd/2021. The petitioner sought to withdraw the present petition with the liberty to file a claim as an operational creditor before the IRP/RP. The court considered the facts and circumstances and the statement made by the petitioner's counsel.
CIRP proceedings initiated against the…
The present petition, along with pending…