Pragati Fincap Limited filed a petition against M/s. Karvy Data Management Services Limited under Section 7 of the IBC, 2016. The Corporate Debtor/Respondent, Karvy Data Management Services Limited, was admitted into CIRP vide order dated 15.09.2023 in CP No.25/7/HDB/2022. The court allows Pragati Fincap Limited to raise a claim before the IRP/RP. The IRP/RP is directed to examine the claim as per the provisions of the Code. If the CIRP order is set aside or the parties resolve the matter amicably, Pragati Fincap Limited is at liberty to approach the Tribunal.

Pragati Fincap Limited filed a petition against M/s. Karvy Data Management Services Limited under Section 7 of the IBC, 2016. The Corporate Debtor/Respondent, Karvy Data Management Services Limited, was admitted into CIRP vide order dated 15.09.2023 in CP No.25/7/HDB/2022. The court allows Pragati Fincap Limited to raise a claim before the IRP/RP. The IRP/RP is directed to examine the claim as per the provisions of the Code. If the CIRP order is set aside or the parties resolve the matter amicably, Pragati Fincap Limited is at liberty to approach the Tribunal.