The case pertains to a Corporate Insolvency Resolution Process (CIRP) initiated against Mantovani Di Dharti Pvt Ltd, the Corporate Debtor, based on an application filed by Ultratech Cement Ltd, the Operational Creditor. The Tribunal admitted the Corporate Debtor into CIRP under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016.
Ultratech Cement Ltd, the Operational Creditor, filed an application against Mantovani Di Dharti Pvt Ltd, the Corporate Debtor, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The Tribunal admitted the Corporate Debtor into CIRP under Section 7 of the Insolvency and Bankruptcy Code, 2016. The order references CP (IB) No.149/7/HDB/2022, indicating a related case. The Operational Creditor is directed to approach the IRP appointed in CP (IB) No.149/7/HDB/2022, and the IRP is directed to receive the claim from the petitioner. The matter can be settled or set aside between the parties in CP (IB) No.149/7/HDB/2022 under the provisions of the Code. CP(IB) No. 187/9/HDB/2022 is disposed of.
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Hearing held on…
Order dated 11.11.2022…
The case pertains to a Corporate Insolvency Resolution Process (CIRP) initiated against Mantovani Di Dharti Pvt Ltd, the Corporate Debtor, based on an application filed by Ultratech Cement Ltd, the Operational Creditor. The Tribunal admitted the Corporate Debtor into CIRP under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016.
Ultratech Cement Ltd, the Operational Creditor, filed an application against Mantovani Di Dharti Pvt Ltd, the Corporate Debtor, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The Tribunal admitted the Corporate Debtor into CIRP under Section 7 of the Insolvency and Bankruptcy Code, 2016. The order references CP (IB) No.149/7/HDB/2022, indicating a related case. The Operational Creditor is directed to approach the IRP appointed in CP (IB) No.149/7/HDB/2022, and the IRP is directed to receive the claim from the petitioner. The matter can be settled or set aside between the parties in CP (IB) No.149/7/HDB/2022 under the provisions of the Code. CP(IB) No. 187/9/HDB/2022 is disposed of.
Hearing held on…
Order dated 11.11.2022…