The case pertains to IA/1443/2024 in C.P. (IB)/685(MB)2022 before the National Company Law Tribunal, Mumbai Bench. The matter involves Prarthna Private Limited as the petitioner and Kalundre Metaliks Private Limited as the respondent. The application is filed under Section 9 of the Insolvency and Bankruptcy Code, 2016.
Prarthna Private Limited filed a petition against Kalundre Metaliks Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. IA 1443 of 2024 was filed in relation to this petition. The resolution related to IA 1443 of 2024 was approved with more than 90% of the voting share. As a result, the IA was allowed, and the Corporate Petition (CP) along with all pending IAs were disposed of as withdrawn. The approval of the resolution with a high voting percentage is a key fact that led to the disposal of the case.
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Order delivered on IA/1443/2024, allowing the…
The case pertains to IA/1443/2024 in C.P. (IB)/685(MB)2022 before the National Company Law Tribunal, Mumbai Bench. The matter involves Prarthna Private Limited as the petitioner and Kalundre Metaliks Private Limited as the respondent. The application is filed under Section 9 of the Insolvency and Bankruptcy Code, 2016.
Prarthna Private Limited filed a petition against Kalundre Metaliks Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. IA 1443 of 2024 was filed in relation to this petition. The resolution related to IA 1443 of 2024 was approved with more than 90% of the voting share. As a result, the IA was allowed, and the Corporate Petition (CP) along with all pending IAs were disposed of as withdrawn. The approval of the resolution with a high voting percentage is a key fact that led to the disposal of the case.
Order delivered on IA/1443/2024, allowing the…