The case pertains to C.P. (IB)/111(KB)2022 before the National Company Law Tribunal, Kolkata Bench. An earlier order dated 27.04.2022 in CP(IBC)/56(KB)2019 had already initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor.
Axis Bank Limited filed an application under Section 7 of the Insolvency and Bankruptcy Code (IBC) against Simplex Projects Ltd. However, CIRP had already been initiated against Simplex Projects Ltd vide order dated 27.04.2022 in CP(IBC)/56(KB)2019. The current application, C.P. (IB)/111(KB)2022, was therefore considered infructuous. The Financial Creditor, Axis Bank Limited, was advised to file its claim with the IRP already appointed.
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CP(IBC)/56(KB)…
CIRP initiated against…
The case pertains to C.P. (IB)/111(KB)2022 before the National Company Law Tribunal, Kolkata Bench. An earlier order dated 27.04.2022 in CP(IBC)/56(KB)2019 had already initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor.
Axis Bank Limited filed an application under Section 7 of the Insolvency and Bankruptcy Code (IBC) against Simplex Projects Ltd. However, CIRP had already been initiated against Simplex Projects Ltd vide order dated 27.04.2022 in CP(IBC)/56(KB)2019. The current application, C.P. (IB)/111(KB)2022, was therefore considered infructuous. The Financial Creditor, Axis Bank Limited, was advised to file its claim with the IRP already appointed.
CP(IBC)/56(KB)…
CIRP initiated against…