The case involves Kataline Infra-Products Private Limited as the operational creditor and Roadway Solutions India Infra Limited as the corporate debtor. The corporate debtor has reportedly paid the outstanding money claimed in the petition. An application under section 12A of the Code is expected to be filed to remove the corporate debtor from CIRP.
Kataline Infra-Products Private Limited initiated insolvency proceedings against Roadway Solutions India Infra Limited. The Corporate Debtor, Roadway Solutions India Infra Limited, has reportedly paid the entire outstanding amount claimed in the petition. The Operational Creditor's counsel confirmed this payment. An application under Section 12A of the Insolvency and Bankruptcy Code is expected to be filed to withdraw the Corporate Debtor from the CIRP. The initial order admitting CP 33/2024 was passed on 20.08.2024. The court then stayed the operation of the order admitting CP 33/2024.
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Order passed a…
Hearing on 20.08.2024…
The case involves Kataline Infra-Products Private Limited as the operational creditor and Roadway Solutions India Infra Limited as the corporate debtor. The corporate debtor has reportedly paid the outstanding money claimed in the petition. An application under section 12A of the Code is expected to be filed to remove the corporate debtor from CIRP.
Kataline Infra-Products Private Limited initiated insolvency proceedings against Roadway Solutions India Infra Limited. The Corporate Debtor, Roadway Solutions India Infra Limited, has reportedly paid the entire outstanding amount claimed in the petition. The Operational Creditor's counsel confirmed this payment. An application under Section 12A of the Insolvency and Bankruptcy Code is expected to be filed to withdraw the Corporate Debtor from the CIRP. The initial order admitting CP 33/2024 was passed on 20.08.2024. The court then stayed the operation of the order admitting CP 33/2024.
Order passed a…
Hearing on 20.08.2024…