The case pertains to a matter before the National Company Law Tribunal (NCLT), New Delhi, Principal Bench, regarding Embee Software Private Limited as the applicant/petitioner and Swash Convergence Technologies Limited as the respondent. The order is under Section 433(e)/433(f) of the Companies Act, 1956. The case involves the winding up of companies transferred to the Tribunal under Section 433(1) of the Companies Act, 2013, to be considered as an application for initiation of CIRP under the Insolvency and Bankruptcy Code (IBC), 2016.
Embee Software Private Limited is the applicant/petitioner in a case against Swash Convergence Technologies Limited, the respondent. The case is before the National Company Law Tribunal (NCLT), New Delhi, Principal Bench. The order is under Section 433(e)/433(f) of the Companies Act, 1956, concerning the winding up of companies transferred to the Tribunal under Section 433(1) of the Companies Act, 2013. The Tribunal has directed IBBI to make relevant provisions in CIRP regulations to deal with such cases, considering them as applications for CIRP initiation under IBC, 2016. The applicant's counsel, Mr. Lzafeer Ahmad B F, appeared through VC and stated that he is an Operational Creditor and undertakes to file Form – 5 as prescribed under Rule 6 of The Insolvency &
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The case pertains to a matter before the National Company Law Tribunal (NCLT), New Delhi, Principal Bench, regarding Embee Software Private Limited as the applicant/petitioner and Swash Convergence Technologies Limited as the respondent. The order is under Section 433(e)/433(f) of the Companies Act, 1956. The case involves the winding up of companies transferred to the Tribunal under Section 433(1) of the Companies Act, 2013, to be considered as an application for initiation of CIRP under the Insolvency and Bankruptcy Code (IBC), 2016.
Embee Software Private Limited is the applicant/petitioner in a case against Swash Convergence Technologies Limited, the respondent. The case is before the National Company Law Tribunal (NCLT), New Delhi, Principal Bench. The order is under Section 433(e)/433(f) of the Companies Act, 1956, concerning the winding up of companies transferred to the Tribunal under Section 433(1) of the Companies Act, 2013. The Tribunal has directed IBBI to make relevant provisions in CIRP regulations to deal with such cases, considering them as applications for CIRP initiation under IBC, 2016. The applicant's counsel, Mr. Lzafeer Ahmad B F, appeared through VC and stated that he is an Operational Creditor and undertakes to file Form – 5 as prescribed under Rule 6 of The Insolvency &
…Order delivere…
Matter listed…
Sign in to view related legal provisions.