The case pertains to a Company Petition (IB/280/2021) filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The hearing was conducted via video conference at the National Company Law Tribunal (NCLT), Hyderabad Bench. The Operational Creditor and the Corporate Debtor reached a settlement.
The Company Petition with number IB/280/2021 was filed before the National Company Law Tribunal, Hyderabad Bench. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). Preca Solutions India Pvt Ltd is the company involved. The petitioner is Teenage Builders Pvt Ltd and the respondent is Preca Solutions India Pvt Ltd. A settlement was reached between the parties, and the Operational Creditor filed a settlement memo. Consequently, the petition was closed.
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Hearing of the National Company Law Tribunal,…
The case pertains to a Company Petition (IB/280/2021) filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). The hearing was conducted via video conference at the National Company Law Tribunal (NCLT), Hyderabad Bench. The Operational Creditor and the Corporate Debtor reached a settlement.
The Company Petition with number IB/280/2021 was filed before the National Company Law Tribunal, Hyderabad Bench. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC). Preca Solutions India Pvt Ltd is the company involved. The petitioner is Teenage Builders Pvt Ltd and the respondent is Preca Solutions India Pvt Ltd. A settlement was reached between the parties, and the Operational Creditor filed a settlement memo. Consequently, the petition was closed.
Hearing of the National Company Law Tribunal,…