The applicant filed an application to withdraw the Corporate Petition (CP) (IB)-296/2020. The applicant's counsel submitted that the IRP received Form-FA duly signed by the applicant on 2021-02-22 and the IRP has received the fee and cost. Earlier, the application was rejected, and an appeal was preferred, being Company Appeal (Insolvency) (IB) 449/2021, which was allowed, and the order passed by the Bench was set aside.
Ajay Kumar Singh, the applicant, sought to withdraw the Corporate Petition (CP) (IB)-296/2020. The IRP received Form-FA, signed by the applicant on 2021-02-22, along with the required fees and costs. Previously, the application had been rejected, leading to Company Appeal (Insolvency) (IB) 449/2021, which was subsequently allowed, and the initial order was set aside. The applicant's request to withdraw the petition was based on the submissions and averments made in the application and the order passed in Company Appeal No. 449/2021 by the Hon'ble NCLAT. The creditors who filed their claim but not considered have right to file a fresh application.
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The applicant signed Form-FA, indicating…
The initial application was rejected,…
The applicant filed an application to withdraw the Corporate Petition (CP) (IB)-296/2020. The applicant's counsel submitted that the IRP received Form-FA duly signed by the applicant on 2021-02-22 and the IRP has received the fee and cost. Earlier, the application was rejected, and an appeal was preferred, being Company Appeal (Insolvency) (IB) 449/2021, which was allowed, and the order passed by the Bench was set aside.
Ajay Kumar Singh, the applicant, sought to withdraw the Corporate Petition (CP) (IB)-296/2020. The IRP received Form-FA, signed by the applicant on 2021-02-22, along with the required fees and costs. Previously, the application had been rejected, leading to Company Appeal (Insolvency) (IB) 449/2021, which was subsequently allowed, and the initial order was set aside. The applicant's request to withdraw the petition was based on the submissions and averments made in the application and the order passed in Company Appeal No. 449/2021 by the Hon'ble NCLAT. The creditors who filed their claim but not considered have right to file a fresh application.
The applicant signed Form-FA, indicating…
The initial application was rejected,…