The case involves an application (IA/181(AHM)2023) filed by the Interim Resolution Professional (IRP) under Section 12A of the Insolvency and Bankruptcy Code (IBC), 2016, read with Regulation 31A of the Insolvency and Bankruptcy Board of India (IBBI) Regulations, 2016, and Rule 11 of the NCLT Rules, 2016. The Committee of Creditors (CoC) in its meeting dated 03.11.2022 passed a resolution with 100% vote to withdraw the Corporate Insolvency Resolution Process (CIRP).
The Interim Resolution Professional (IRP) filed IA/181(AHM)2023 under Section 12A of the IBC, 2016, read with relevant regulations. The Committee of Creditors (CoC) convened on 03.11.2022 and unanimously (100% vote) resolved to withdraw the Corporate Insolvency Resolution Process (CIRP). The court acknowledged this resolution. The corporate debtor is INTEC Capital Ltd. The applicant sought withdrawal of CIRP. The court heard the counsel for the applicant and perused the record.
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The CoC in its meeting…
The court delivered the…
The case involves an application (IA/181(AHM)2023) filed by the Interim Resolution Professional (IRP) under Section 12A of the Insolvency and Bankruptcy Code (IBC), 2016, read with Regulation 31A of the Insolvency and Bankruptcy Board of India (IBBI) Regulations, 2016, and Rule 11 of the NCLT Rules, 2016. The Committee of Creditors (CoC) in its meeting dated 03.11.2022 passed a resolution with 100% vote to withdraw the Corporate Insolvency Resolution Process (CIRP).
The Interim Resolution Professional (IRP) filed IA/181(AHM)2023 under Section 12A of the IBC, 2016, read with relevant regulations. The Committee of Creditors (CoC) convened on 03.11.2022 and unanimously (100% vote) resolved to withdraw the Corporate Insolvency Resolution Process (CIRP). The court acknowledged this resolution. The corporate debtor is INTEC Capital Ltd. The applicant sought withdrawal of CIRP. The court heard the counsel for the applicant and perused the record.
The CoC in its meeting…
The court delivered the…