The case involves a petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) 2016. The Corporate Debtor, SRS Real Estate Ltd., had already been admitted into Corporate Insolvency Resolution Process (CIRP) by an order dated 22.12.2022 in CP (IB) No. 167/Chd/Hry/2020, titled LIC Housing Finance Limited Vs. SRS Real Estate Limited.
Anupam Saxena filed a petition against SRS Real Estate Ltd. under Section 7 of the IBC, 2016. However, SRS Real Estate Ltd. was already admitted into CIRP by order dated 22.12.2022 in CP (IB) No. 167/Chd/Hry/2020, in a case filed by LIC Housing Finance Limited. This prior admission to CIRP rendered Anupam Saxena's petition infructuous.
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SRS Real Estate Ltd. was admitted into CIRP…
The present petition…
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The case involves a petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) 2016. The Corporate Debtor, SRS Real Estate Ltd., had already been admitted into Corporate Insolvency Resolution Process (CIRP) by an order dated 22.12.2022 in CP (IB) No. 167/Chd/Hry/2020, titled LIC Housing Finance Limited Vs. SRS Real Estate Limited.
Anupam Saxena filed a petition against SRS Real Estate Ltd. under Section 7 of the IBC, 2016. However, SRS Real Estate Ltd. was already admitted into CIRP by order dated 22.12.2022 in CP (IB) No. 167/Chd/Hry/2020, in a case filed by LIC Housing Finance Limited. This prior admission to CIRP rendered Anupam Saxena's petition infructuous.
SRS Real Estate Ltd. was admitted into CIRP…
The present petition…
Sign in to view related legal provisions.