The case involves an application CP(IB)/690(CHE)/2020 filed under the Insolvency and Bankruptcy Code (IBC). Both parties have entered into a settlement, leading to the filing of a 12A application. The applicant, through the Resolution Professional (RP) Mr. S. Vasudevan, is withdrawing the application based on a Memorandum of Settlement executed by both parties.
The key facts are that CP(IB)/690(CHE)/2020 was filed, and subsequently, both parties reached a settlement. A 12A application was filed as a result of this settlement. The applicant, represented by the Resolution Professional S. Vasudevan, withdrew the application based on a Memorandum of Settlement. The court acknowledged the settlement and dismissed the application. IA(IBC)/549(CHE)2022 was also dismissed as withdrawn.
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CP(IB)/690(CH…
Hearing he…
The case involves an application CP(IB)/690(CHE)/2020 filed under the Insolvency and Bankruptcy Code (IBC). Both parties have entered into a settlement, leading to the filing of a 12A application. The applicant, through the Resolution Professional (RP) Mr. S. Vasudevan, is withdrawing the application based on a Memorandum of Settlement executed by both parties.
The key facts are that CP(IB)/690(CHE)/2020 was filed, and subsequently, both parties reached a settlement. A 12A application was filed as a result of this settlement. The applicant, represented by the Resolution Professional S. Vasudevan, withdrew the application based on a Memorandum of Settlement. The court acknowledged the settlement and dismissed the application. IA(IBC)/549(CHE)2022 was also dismissed as withdrawn.
CP(IB)/690(CH…
Hearing he…