The case involves an application (I.A. 2709/2021) before the National Company Law Tribunal (NCLT), Mumbai Bench, concerning the insolvency resolution process of Supreme Housing & Hospitality Pvt Ltd. CBRE South Asia Pvt Ltd is the applicant. The Resolution Professional (RP), Mr. Nithish Bangera, initially raised an objection regarding a defective Form FA, but later withdrew the objection, confirming that no amount is due to the Interim Resolution Professional (IRP).
CBRE South Asia Pvt Ltd initiated insolvency proceedings against Supreme Housing & Hospitality Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Resolution Professional (RP), Mr. Nithish Bangera, initially objected to the application, citing a defective Form FA. However, he later confirmed that no amount was due to the Interim Resolution Professional (IRP) and withdrew his objection. The NCLT, Mumbai Bench, considered the submissions and material on record. A CIRP admission order had been previously passed on 23.08.2021. The RP's initial objection was deemed a trivial issue.
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CIRP admission order…
Filing of…
The case involves an application (I.A. 2709/2021) before the National Company Law Tribunal (NCLT), Mumbai Bench, concerning the insolvency resolution process of Supreme Housing & Hospitality Pvt Ltd. CBRE South Asia Pvt Ltd is the applicant. The Resolution Professional (RP), Mr. Nithish Bangera, initially raised an objection regarding a defective Form FA, but later withdrew the objection, confirming that no amount is due to the Interim Resolution Professional (IRP).
CBRE South Asia Pvt Ltd initiated insolvency proceedings against Supreme Housing & Hospitality Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Resolution Professional (RP), Mr. Nithish Bangera, initially objected to the application, citing a defective Form FA. However, he later confirmed that no amount was due to the Interim Resolution Professional (IRP) and withdrew his objection. The NCLT, Mumbai Bench, considered the submissions and material on record. A CIRP admission order had been previously passed on 23.08.2021. The RP's initial objection was deemed a trivial issue.
CIRP admission order…
Filing of…