The case pertains to a Company Petition bearing C.P.(IB)825/MB/2020. The Financial Creditor's counsel stated that the default amount has been paid by the Corporate Debtor.
The Financial Creditor filed a Company Petition C.P.(IB)825/MB/2020 against Omkar Realtors Pvt Ltd due to a default in payment. During the proceedings, the Corporate Debtor, Omkar Realtors Pvt Ltd, paid the outstanding default amount to the Financial Creditor. Consequently, the Financial Creditor's counsel informed the court that the default amount had been settled. The payment of the default amount is a key fact, as it directly led to the closure of the petition.
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The court heard the matter and noted that…
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The case pertains to a Company Petition bearing C.P.(IB)825/MB/2020. The Financial Creditor's counsel stated that the default amount has been paid by the Corporate Debtor.
The Financial Creditor filed a Company Petition C.P.(IB)825/MB/2020 against Omkar Realtors Pvt Ltd due to a default in payment. During the proceedings, the Corporate Debtor, Omkar Realtors Pvt Ltd, paid the outstanding default amount to the Financial Creditor. Consequently, the Financial Creditor's counsel informed the court that the default amount had been settled. The payment of the default amount is a key fact, as it directly led to the closure of the petition.
The court heard the matter and noted that…
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