The application IA-3171/2023 was filed by the Interim Resolution Professional (IRP) seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated against the Corporate Debtor. The Committee of Creditors (CoC) in its meeting held on 18.05.2023 passed a resolution with 100% voting approving the proposal for withdrawal of the petition CP (IB)-301(ND)/2020 under Section 12A read with Regulation 30A of the IBBI (Corporate Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
M/s Jagatjit Industries Ltd. filed an application under Section 9 of the IBC code 2016, initiating Corporate Insolvency Resolution Process (CIRP) against M/s Jagat Realcon Pvt Ltd. The Interim Resolution Professional (IRP) filed an application (IA-3171/2023) seeking withdrawal of the main matter CP (IB)-301(ND)/2020. The Committee of Creditors (CoC) in its meeting dated 18.05.2023 passed a resolution with 100% voting for approving the proposal for withdrawal of the petition CP (IB)-301(ND)/2020 under Section 12A read with Regulation 30A of the IBBI (Corporate Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The IRP's counsel submitted this to the court.
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The Committee of Creditors (CoC) passed a…
The NCLT delivered an order allowing the…
The application IA-3171/2023 was filed by the Interim Resolution Professional (IRP) seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated against the Corporate Debtor. The Committee of Creditors (CoC) in its meeting held on 18.05.2023 passed a resolution with 100% voting approving the proposal for withdrawal of the petition CP (IB)-301(ND)/2020 under Section 12A read with Regulation 30A of the IBBI (Corporate Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
M/s Jagatjit Industries Ltd. filed an application under Section 9 of the IBC code 2016, initiating Corporate Insolvency Resolution Process (CIRP) against M/s Jagat Realcon Pvt Ltd. The Interim Resolution Professional (IRP) filed an application (IA-3171/2023) seeking withdrawal of the main matter CP (IB)-301(ND)/2020. The Committee of Creditors (CoC) in its meeting dated 18.05.2023 passed a resolution with 100% voting for approving the proposal for withdrawal of the petition CP (IB)-301(ND)/2020 under Section 12A read with Regulation 30A of the IBBI (Corporate Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The IRP's counsel submitted this to the court.
The Committee of Creditors (CoC) passed a…
The NCLT delivered an order allowing the…