The Resolution Professional filed an application to withdraw IB-547/ND/2019. The counsel for the Applicant/RP was heard, and the averments in the application were perused. The Applicant submitted Form FA and a resolution dated 2020-03-13, by which the CoC resolved to file a withdrawal application.
The Resolution Professional (RP) filed an application to withdraw IB-547/ND/2019. The Applicant placed on record Form FA and a resolution dated 2020-03-13, indicating the Committee of Creditors (CoC) resolved to file a withdrawal application. The court noted that Form FA was duly signed by the Authorised Representative of the Operational Creditor. The RP's counsel submitted that the RP had received the cost and fee. This led the court to permit the withdrawal of the application.
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The Resolution Professional filed an application to withdraw IB-547/ND/2019. The counsel for the Applicant/RP was heard, and the averments in the application were perused. The Applicant submitted Form FA and a resolution dated 2020-03-13, by which the CoC resolved to file a withdrawal application.
The Resolution Professional (RP) filed an application to withdraw IB-547/ND/2019. The Applicant placed on record Form FA and a resolution dated 2020-03-13, indicating the Committee of Creditors (CoC) resolved to file a withdrawal application. The court noted that Form FA was duly signed by the Authorised Representative of the Operational Creditor. The RP's counsel submitted that the RP had received the cost and fee. This led the court to permit the withdrawal of the application.
The Committee of…
The NCLT delivered the…
Sign in to view related legal provisions.