An application (IA 806/2023) was filed by the Interim Resolution Professional (IRP) seeking leave to withdraw the proceedings initiated against the Corporate Debtor. The proceedings were presented against the Corporate Debtor vide dated 01/05/2023.
An application, IA 806/2023, was filed by the IRP to withdraw proceedings against Sri Raghavendra Ferro Alloys Private Limited, the Corporate Debtor. The proceedings were initiated on 01/05/2023. The Corporate Debtor settled the matter with the Operational Creditor, M/s Carbon Fuels, and discharged the agreed amount via Demand Drafts. Details of the settlement are in Form FA dated 08/05/2023. The Committee of Creditors (CoC) was not constituted.
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Proceedings were…
Form FA detail…
An application (IA 806/2023) was filed by the Interim Resolution Professional (IRP) seeking leave to withdraw the proceedings initiated against the Corporate Debtor. The proceedings were presented against the Corporate Debtor vide dated 01/05/2023.
An application, IA 806/2023, was filed by the IRP to withdraw proceedings against Sri Raghavendra Ferro Alloys Private Limited, the Corporate Debtor. The proceedings were initiated on 01/05/2023. The Corporate Debtor settled the matter with the Operational Creditor, M/s Carbon Fuels, and discharged the agreed amount via Demand Drafts. Details of the settlement are in Form FA dated 08/05/2023. The Committee of Creditors (CoC) was not constituted.
Proceedings were…
Form FA detail…