The case involves an application (I.A. 2063/2024) filed under Section 12A of the Insolvency and Bankruptcy Code, 2016, seeking withdrawal of a Corporate Insolvency Resolution Process (CIRP) initiated via C.P.(IB)1394(MB)2020. The Resolution Professional (RP) informed the court that Form FA was received on 04.04.2024, and a Committee of Creditors (COC) meeting was held on 08.04.2024, where a resolution was passed to withdraw the petition because the entire settlement amount had been paid to the petitioner.
Samata Nagari Sahakari Patsanstha Maryadit initiated a Corporate Insolvency Resolution Process (CIRP) against Komal Kakade Constructions Pvt Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. An application, I.A. 2063/2024, was filed under Section 12A seeking withdrawal of the CIRP. The Resolution Professional (RP) received Form FA on 04.04.2024. A Committee of Creditors (COC) meeting was convened on 08.04.2024, where a resolution was passed to withdraw the CIRP because the entire settlement amount had been paid to the petitioner, Samata Nagari Sahakari Patsanstha Maryadit. Liquidation application no. 31/2024 is listed on 09.05.2024.
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Corporate Insolvency…
Form FA receive…
The case involves an application (I.A. 2063/2024) filed under Section 12A of the Insolvency and Bankruptcy Code, 2016, seeking withdrawal of a Corporate Insolvency Resolution Process (CIRP) initiated via C.P.(IB)1394(MB)2020. The Resolution Professional (RP) informed the court that Form FA was received on 04.04.2024, and a Committee of Creditors (COC) meeting was held on 08.04.2024, where a resolution was passed to withdraw the petition because the entire settlement amount had been paid to the petitioner.
Samata Nagari Sahakari Patsanstha Maryadit initiated a Corporate Insolvency Resolution Process (CIRP) against Komal Kakade Constructions Pvt Ltd under Section 7 of the Insolvency and Bankruptcy Code, 2016. An application, I.A. 2063/2024, was filed under Section 12A seeking withdrawal of the CIRP. The Resolution Professional (RP) received Form FA on 04.04.2024. A Committee of Creditors (COC) meeting was convened on 08.04.2024, where a resolution was passed to withdraw the CIRP because the entire settlement amount had been paid to the petitioner, Samata Nagari Sahakari Patsanstha Maryadit. Liquidation application no. 31/2024 is listed on 09.05.2024.
Corporate Insolvency…
Form FA receive…