The case involves IA(IBC) 220/2022 & IA(IBC) 221/2022 in Company Petition IB/85/2021 under Section 9 of the IBC, 2016. The operational creditor and corporate debtor are R.K. Steel Udyog and KSR Properties Pvt Ltd, respectively. The matter was heard on 2022-03-15 via video conference.
R.K. Steel Udyog is the operational creditor, and KSR Properties Pvt Ltd is the corporate debtor. Company Petition IB/85/2021 was filed under Section 9 of the IBC, 2016. The matter was listed for hearing on 2022-03-15. The operational creditor's PCA informed the court that the matter had been settled between the parties, and Form FA had been filed with the IRP. Rs. 1 lakh was paid towards the IRP's expenses as directed by the Tribunal. Due to the settlement, IA(IBC)220/2022 and IA(IBC)221/2022 became infructuous. The case was scheduled for further hearing under Section 12A of IBC on 2022-03-22.
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Company Petition…
Hearing held on…
The case involves IA(IBC) 220/2022 & IA(IBC) 221/2022 in Company Petition IB/85/2021 under Section 9 of the IBC, 2016. The operational creditor and corporate debtor are R.K. Steel Udyog and KSR Properties Pvt Ltd, respectively. The matter was heard on 2022-03-15 via video conference.
R.K. Steel Udyog is the operational creditor, and KSR Properties Pvt Ltd is the corporate debtor. Company Petition IB/85/2021 was filed under Section 9 of the IBC, 2016. The matter was listed for hearing on 2022-03-15. The operational creditor's PCA informed the court that the matter had been settled between the parties, and Form FA had been filed with the IRP. Rs. 1 lakh was paid towards the IRP's expenses as directed by the Tribunal. Due to the settlement, IA(IBC)220/2022 and IA(IBC)221/2022 became infructuous. The case was scheduled for further hearing under Section 12A of IBC on 2022-03-22.
Company Petition…
Hearing held on…