The case pertains to CP (IB) No. 254/Chd/Hry/2021 filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. Small Industries Development Bank of India is the petitioner, acting as the financial creditor, while Vikrant Rai Mehta is the respondent, acting as the personal guarantor.
Small Industries Development Bank of India, acting as the financial creditor, filed CP (IB) No. 254/Chd/Hry/2021 against Vikrant Rai Mehta, the personal guarantor, under Section 95 of the Insolvency and Bankruptcy Code, 2016. During the proceedings, the petitioner's counsel stated that the matter had been settled with an OTS. Consequently, the petitioner sought to withdraw the petition. The court considered this statement and dismissed the petition as withdrawn. The verification of credentials of Mr. Vivek Bansal, RP by the Registry is also a relevant fact.
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CP (IB) No. 254/Chd/Hry/…
CP (IB) No. 254/Chd/Hry/…
The case pertains to CP (IB) No. 254/Chd/Hry/2021 filed under Section 95 of the Insolvency and Bankruptcy Code, 2016. Small Industries Development Bank of India is the petitioner, acting as the financial creditor, while Vikrant Rai Mehta is the respondent, acting as the personal guarantor.
Small Industries Development Bank of India, acting as the financial creditor, filed CP (IB) No. 254/Chd/Hry/2021 against Vikrant Rai Mehta, the personal guarantor, under Section 95 of the Insolvency and Bankruptcy Code, 2016. During the proceedings, the petitioner's counsel stated that the matter had been settled with an OTS. Consequently, the petitioner sought to withdraw the petition. The court considered this statement and dismissed the petition as withdrawn. The verification of credentials of Mr. Vivek Bansal, RP by the Registry is also a relevant fact.
CP (IB) No. 254/Chd/Hry/…
CP (IB) No. 254/Chd/Hry/…