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, the petitioner/financial creditor, filed a petition against SRS Real Estate Ltd., the respondent/corporate debtor, under Section 7 of the IBC, 2016. However, SRS Real Estate Ltd. had already been admitted into CIRP by an order dated 22.12.2022 passed by the same bench in CP (IB) No. 167/Chd/Hry/2020, titled LIC Housing Finance Limited Vs. SRS Real Estate Limited. The court noted this existing CIRP and considered the present petition to be infructuous.
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SRS Real Estate Ltd. was admitted into…
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, the petitioner/financial creditor, filed a petition against SRS Real Estate Ltd., the respondent/corporate debtor, under Section 7 of the IBC, 2016. However, SRS Real Estate Ltd. had already been admitted into CIRP by an order dated 22.12.2022 passed by the same bench in CP (IB) No. 167/Chd/Hry/2020, titled LIC Housing Finance Limited Vs. SRS Real Estate Limited. The court noted this existing CIRP and considered the present petition to be infructuous.
SRS Real Estate Ltd. was admitted into…
The present petition…
Sign in to view related legal provisions.