The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The National Company Law Tribunal (NCLT), New Delhi, is addressing the matter. The Hon'ble NCLAT passed an order dated 11.01.2023 in Company Appeal (AT) Insolvency No. 1336/2019, admitting IB-1358/ND/2019.
M/s. Shrem Residency Pvt. Ltd. filed an application/petition against M/s. Shraman Estates Pvt. Ltd. under Section 7 of the IBC, 2016. The NCLT admitted the application based on an order from the NCLAT in Company Appeal (AT) Insolvency No. 1336/2019, which pertained to IB-1358/ND/2019. Mr. Shailesh Desai was appointed as the Interim Resolution Professional (IRP). The order imposes a moratorium, preventing actions against the corporate debtor. The Financial Creditor is directed to deposit Rs. 2,00,000 with the IRP for immediate expenses. The NCLAT order is under challenge before the Supreme Court.
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The Hon'ble NCLAT passed an order in Company…
The NCLT passed an order admitting the…
The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The National Company Law Tribunal (NCLT), New Delhi, is addressing the matter. The Hon'ble NCLAT passed an order dated 11.01.2023 in Company Appeal (AT) Insolvency No. 1336/2019, admitting IB-1358/ND/2019.
M/s. Shrem Residency Pvt. Ltd. filed an application/petition against M/s. Shraman Estates Pvt. Ltd. under Section 7 of the IBC, 2016. The NCLT admitted the application based on an order from the NCLAT in Company Appeal (AT) Insolvency No. 1336/2019, which pertained to IB-1358/ND/2019. Mr. Shailesh Desai was appointed as the Interim Resolution Professional (IRP). The order imposes a moratorium, preventing actions against the corporate debtor. The Financial Creditor is directed to deposit Rs. 2,00,000 with the IRP for immediate expenses. The NCLAT order is under challenge before the Supreme Court.
The Hon'ble NCLAT passed an order in Company…
The NCLT passed an order admitting the…