The case involves multiple Interlocutory Applications (I.A.Nos.310, 390, 401, 402, 403, 405, 424, 488, 489/2022) filed in C.P.(IB)No.17/BB/2022 before the National Company Law Tribunal (NCLT), Bengaluru Bench. These applications were filed by the Resolution Professional (RP) of the Corporate Debtor, M/s. Tierra Farm Assets Company Pvt. Ltd. The applications primarily seek directions related to CIRP costs, handover of tally data, and taking on record progress reports.
Sai Constructions filed a case against M/s. Tierra Farm Assets Company Pvt. Ltd. under Section 9 of the IBC, 2016. The Resolution Professional (RP) filed multiple IAs (I.A.Nos.310, 390, 401, 402, 403, 405, 424, 488, 489/2022) in the matter. I.A.No.310/2022 seeks to direct the Respondent No.1 to pay the entire CIRP costs. I.A.No.390/2022 seeks to direct the Respondents to handover tally data of the Corporate Debtor. I.A.Nos.401/2022, 402/2022, 403/2022, 405/2022, 424/2022, 488/2022 and 489/2022 seek to take on record the progress reports of the CIRP. The court heard the learned Counsel for the RP and the Resolution Professional. The court granted time for filing objections in some IAs and disposed of others by taking the progress reports on record. The order was
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The case involves multiple Interlocutory Applications (I.A.Nos.310, 390, 401, 402, 403, 405, 424, 488, 489/2022) filed in C.P.(IB)No.17/BB/2022 before the National Company Law Tribunal (NCLT), Bengaluru Bench. These applications were filed by the Resolution Professional (RP) of the Corporate Debtor, M/s. Tierra Farm Assets Company Pvt. Ltd. The applications primarily seek directions related to CIRP costs, handover of tally data, and taking on record progress reports.
Sai Constructions filed a case against M/s. Tierra Farm Assets Company Pvt. Ltd. under Section 9 of the IBC, 2016. The Resolution Professional (RP) filed multiple IAs (I.A.Nos.310, 390, 401, 402, 403, 405, 424, 488, 489/2022) in the matter. I.A.No.310/2022 seeks to direct the Respondent No.1 to pay the entire CIRP costs. I.A.No.390/2022 seeks to direct the Respondents to handover tally data of the Corporate Debtor. I.A.Nos.401/2022, 402/2022, 403/2022, 405/2022, 424/2022, 488/2022 and 489/2022 seek to take on record the progress reports of the CIRP. The court heard the learned Counsel for the RP and the Resolution Professional. The court granted time for filing objections in some IAs and disposed of others by taking the progress reports on record. The order was
…Order delive…
Case list…