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 the settlement offer submitted by the Corporate Debtor in their meeting held on 06.06.2022. The original applicant, M/s Mayura's Industrial Services, on whose behalf the CIRP was initiated, was present during the hearing.
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. The original applicant was M/s Mayura's Industrial Services. The Committee of Creditors (CoC) held a meeting on 06.06.2022 and accepted the settlement offer made by the erstwhile Directors of the Corporate Debtor. The amount payable to the Operational Creditor (OC), as per the order dated 16.03.2022, was Rs.1,86,389/-, which the OC confirmed to have received. The Resolution Professional (RP) 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 minutes of the CoC meeting and the Settlement
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Company Petition…
Order dated 16.03.2022, stating the amount…
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 the settlement offer submitted by the Corporate Debtor in their meeting held on 06.06.2022. The original applicant, M/s Mayura's Industrial Services, on whose behalf the CIRP was initiated, was present during the hearing.
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. The original applicant was M/s Mayura's Industrial Services. The Committee of Creditors (CoC) held a meeting on 06.06.2022 and accepted the settlement offer made by the erstwhile Directors of the Corporate Debtor. The amount payable to the Operational Creditor (OC), as per the order dated 16.03.2022, was Rs.1,86,389/-, which the OC confirmed to have received. The Resolution Professional (RP) 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 minutes of the CoC meeting and the Settlement
…Company Petition…
Order dated 16.03.2022, stating the amount…