The matter pertains to the withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated under Section 7 of the Insolvency & Bankruptcy Code, 2016. The Resolution Professional had submitted a proposal for withdrawal of the main petition, CP No. IB-168(PB)/2019, in Form FA. The Special Bench had ordered notice to be served on the Financial Creditor. The Court Officer's report indicated that nothing had been filed after 03.03.2022. Mr. Ashutosh Misra, the authorised representative of the Financial Creditor, filed an application for withdrawal of CIRP.
Edelweiss Asset Reconstruction Company Pvt. Ltd. filed a petition against Mehak Realtech Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process (CIRP). The Resolution Professional submitted a proposal for withdrawal of the main petition, CP No. IB-168(PB)/2019, in Form FA. The Special Bench ordered notice to be served on the Financial Creditor. The Court Officer's report indicated that nothing had been filed after 03.03.2022. Mr. Ashutosh Misra, the authorised representative of the Financial Creditor, filed an application for withdrawal of CIRP under Regulation 30A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations 2016. The Form FA was accompanied by the required Bank
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The Court Officer report stated that as per…
The matter was last heard by Special Bench, and…
The matter pertains to the withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated under Section 7 of the Insolvency & Bankruptcy Code, 2016. The Resolution Professional had submitted a proposal for withdrawal of the main petition, CP No. IB-168(PB)/2019, in Form FA. The Special Bench had ordered notice to be served on the Financial Creditor. The Court Officer's report indicated that nothing had been filed after 03.03.2022. Mr. Ashutosh Misra, the authorised representative of the Financial Creditor, filed an application for withdrawal of CIRP.
Edelweiss Asset Reconstruction Company Pvt. Ltd. filed a petition against Mehak Realtech Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process (CIRP). The Resolution Professional submitted a proposal for withdrawal of the main petition, CP No. IB-168(PB)/2019, in Form FA. The Special Bench ordered notice to be served on the Financial Creditor. The Court Officer's report indicated that nothing had been filed after 03.03.2022. Mr. Ashutosh Misra, the authorised representative of the Financial Creditor, filed an application for withdrawal of CIRP under Regulation 30A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations 2016. The Form FA was accompanied by the required Bank
…The Court Officer report stated that as per…
The matter was last heard by Special Bench, and…