The case involves an application filed by the Interim Resolution Professional (IRP) under Section 12A of the Insolvency and Bankruptcy Code (IBC) read with regulation 30A(1)(a) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The IRP submitted that the matter had been settled amicably between the Operational Creditor and the Corporate Debtor. Form FA dated 29/04/2022 was received from the Operational Creditor, and no Committee of Creditors (CoC) was formed. The IRP also confirmed that his fees and CIRP costs have been paid in full by the petitioning Operational Creditor.
The Interim Resolution Professional (IRP) filed an application under Section 12A of the Insolvency and Bankruptcy Code (IBC) read with regulation 30A(1)(a) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP). The IRP stated that the matter had been settled amicably between the Operational Creditor and the Corporate Debtor, and Form FA dated 29/04/2022 was received from the Operational Creditor. No Committee of Creditors (CoC) was formed. The IRP's fees and CIRP costs were paid in full by the petitioning Operational Creditor. The CIRP had been initiated against the Corporate Debtor vide order dated 25/02/2020. The relevance of these facts is that they demonstrate a
…Sign in to view the parties.
CIRP initiated against…
Form FA dated…
The case involves an application filed by the Interim Resolution Professional (IRP) under Section 12A of the Insolvency and Bankruptcy Code (IBC) read with regulation 30A(1)(a) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The IRP submitted that the matter had been settled amicably between the Operational Creditor and the Corporate Debtor. Form FA dated 29/04/2022 was received from the Operational Creditor, and no Committee of Creditors (CoC) was formed. The IRP also confirmed that his fees and CIRP costs have been paid in full by the petitioning Operational Creditor.
The Interim Resolution Professional (IRP) filed an application under Section 12A of the Insolvency and Bankruptcy Code (IBC) read with regulation 30A(1)(a) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP). The IRP stated that the matter had been settled amicably between the Operational Creditor and the Corporate Debtor, and Form FA dated 29/04/2022 was received from the Operational Creditor. No Committee of Creditors (CoC) was formed. The IRP's fees and CIRP costs were paid in full by the petitioning Operational Creditor. The CIRP had been initiated against the Corporate Debtor vide order dated 25/02/2020. The relevance of these facts is that they demonstrate a
…CIRP initiated against…
Form FA dated…