The case involves an application filed under section 9 of the Insolvency and Bankruptcy Code, 2016, which was subsequently allowed due to the approval of a resolution plan with over 90% voting.
The matter before the National Company Law Tribunal, Mumbai Bench, concerned an application filed under section 9 of the Insolvency and Bankruptcy Code, 2016. This application, identified as IA 1443 of 2024, was part of a larger Company Petition (CP (IB)/685(MB)2022) involving Prarthna Private Limited as the petitioner and Kalundre Metaliks Private Limited as the respondent. The proceedings were heard by a bench comprising Ms. Reeta Kohli, Member (Judicial), and Ms. Madhu Sinha, Member (Technical).
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The National Company…
The case involves an application filed under section 9 of the Insolvency and Bankruptcy Code, 2016, which was subsequently allowed due to the approval of a resolution plan with over 90% voting.
The matter before the National Company Law Tribunal, Mumbai Bench, concerned an application filed under section 9 of the Insolvency and Bankruptcy Code, 2016. This application, identified as IA 1443 of 2024, was part of a larger Company Petition (CP (IB)/685(MB)2022) involving Prarthna Private Limited as the petitioner and Kalundre Metaliks Private Limited as the respondent. The proceedings were heard by a bench comprising Ms. Reeta Kohli, Member (Judicial), and Ms. Madhu Sinha, Member (Technical).
The National Company…