The case pertains to IA No.285/2021 in CP No.(IB) 353/ALD/2019 before the National Company Law Tribunal, Allahabad Bench. The hearing took place on February 2nd, 2022. The matter involves M/S Ashish Ispat Pvt Ltd V/S Primuss Pipes & Tubes Ltd, with proceedings under Section 9 of the IBC (in CIRP).
The case involves IA No.285/2021 in CP No.(IB) 353/ALD/2019. The NCLAT, in its order dated January 7th, 2022, closed the CIRP against the corporate debtor, M/S Ashish Ispat Pvt Ltd V/S Primuss Pipes & Tubes Ltd. This closure rendered IA No.285/2021 infructuous. Consequently, pending applications IA No.267/2021 and Intervention Petition No.14/2021 also became infructuous. The relevance of the NCLAT order is that it directly impacted the viability and continuation of the proceedings in the present case.
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NCLAT closed the CIRP against the corporate…
Hearing of IA…
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The case pertains to IA No.285/2021 in CP No.(IB) 353/ALD/2019 before the National Company Law Tribunal, Allahabad Bench. The hearing took place on February 2nd, 2022. The matter involves M/S Ashish Ispat Pvt Ltd V/S Primuss Pipes & Tubes Ltd, with proceedings under Section 9 of the IBC (in CIRP).
The case involves IA No.285/2021 in CP No.(IB) 353/ALD/2019. The NCLAT, in its order dated January 7th, 2022, closed the CIRP against the corporate debtor, M/S Ashish Ispat Pvt Ltd V/S Primuss Pipes & Tubes Ltd. This closure rendered IA No.285/2021 infructuous. Consequently, pending applications IA No.267/2021 and Intervention Petition No.14/2021 also became infructuous. The relevance of the NCLAT order is that it directly impacted the viability and continuation of the proceedings in the present case.
NCLAT closed the CIRP against the corporate…
Hearing of IA…
Sign in to view related legal provisions.