The case involves an application for withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated against Prodeb Brewery Technology Belgium Pvt Ltd. The CIRP was initiated based on a petition filed under Section 9 of the IBC, 2016. The Committee of Creditors (CoC) approved a settlement offer from the Corporate Debtor in their meeting held on 06.06.2022, leading to the application for withdrawal under Section 12A of the IBC, 2016.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Prodeb Brewery Technology Belgium Pvt Ltd based on a petition filed under Section 9 of the IBC, 2016. M/s Mayura's Industrial Services was the original applicant on whose behalf the CIRP was initiated. The Committee of Creditors (CoC) held its third meeting on 06.06.2022 and accepted the settlement offer made by the erstwhile Directors of the Corporate Debtor. The Operational Creditor (OC) was owed Rs. 1,86,389/-, which was confirmed to have been received. The RP, Mr.S.R.Shriram Shekher, filed an application under Section 12A of the IBC, 2016, seeking withdrawal of the CIRP. The CoC approved the withdrawal in its meeting held on 06.06.2022. The relevance of these facts lies in demonstrating the
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Company Petition…
Order dated 16.03.2022…
The case involves an application for withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated against Prodeb Brewery Technology Belgium Pvt Ltd. The CIRP was initiated based on a petition filed under Section 9 of the IBC, 2016. The Committee of Creditors (CoC) approved a settlement offer from the Corporate Debtor in their meeting held on 06.06.2022, leading to the application for withdrawal under Section 12A of the IBC, 2016.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Prodeb Brewery Technology Belgium Pvt Ltd based on a petition filed under Section 9 of the IBC, 2016. M/s Mayura's Industrial Services was the original applicant on whose behalf the CIRP was initiated. The Committee of Creditors (CoC) held its third meeting on 06.06.2022 and accepted the settlement offer made by the erstwhile Directors of the Corporate Debtor. The Operational Creditor (OC) was owed Rs. 1,86,389/-, which was confirmed to have been received. The RP, Mr.S.R.Shriram Shekher, filed an application under Section 12A of the IBC, 2016, seeking withdrawal of the CIRP. The CoC approved the withdrawal in its meeting held on 06.06.2022. The relevance of these facts lies in demonstrating the
…Company Petition…
Order dated 16.03.2022…