The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The operational creditor, Dinesh Chandra Saini, filed a petition against the corporate debtor, Shri Siddhi Vinayak Prime Tradevision Pvt. Ltd. The operational creditor sought to withdraw the application.
Dinesh Chandra Saini, the operational creditor, initiated proceedings against Shri Siddhi Vinayak Prime Tradevision Pvt. Ltd., the corporate debtor, under Section 9 of the IBC, 2016. Brij Kishore Sharma, PCS, representing the operational creditor, appeared before the National Company Law Tribunal (NCLT), Jaipur Bench, and requested the withdrawal of the application. The reasons cited for the withdrawal were that the company had been struck off and that balance sheets after 2012 had not been filed. The NCLT considered these submissions and subsequently dismissed the application.
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CP No. (IB)-105/9/JPR/20…
Order was issued…
The case involves an application under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The operational creditor, Dinesh Chandra Saini, filed a petition against the corporate debtor, Shri Siddhi Vinayak Prime Tradevision Pvt. Ltd. The operational creditor sought to withdraw the application.
Dinesh Chandra Saini, the operational creditor, initiated proceedings against Shri Siddhi Vinayak Prime Tradevision Pvt. Ltd., the corporate debtor, under Section 9 of the IBC, 2016. Brij Kishore Sharma, PCS, representing the operational creditor, appeared before the National Company Law Tribunal (NCLT), Jaipur Bench, and requested the withdrawal of the application. The reasons cited for the withdrawal were that the company had been struck off and that balance sheets after 2012 had not been filed. The NCLT considered these submissions and subsequently dismissed the application.
CP No. (IB)-105/9/JPR/20…
Order was issued…