Jatinder Verma & others, the Petitioners/Operational Creditors, initiated a Corporate Insolvency Resolution Process (CIRP) against Vatsin Infrastructure Limited, the Respondent/Corporate Debtor. The CIRP was initiated under Section 9 of the IBC, 2016, read with Sec 33(1) (b) (i) to (iii) r/w Sec 33(3),12(A). The Committee of Creditors (CoC) approved the agenda for withdrawal of the CIRP process in its 7th meeting held on 2024-07-27 with 100% voting rights. A settlement deed along with Form FA was placed on record. The matter has been mutually settled between the parties with an amount of Rs. 1.45 crore. An application was also filed under Section 33(1) of the Insolvency & Bankruptcy Code, 2016 for Liquidation of Corporate Debtor.

Jatinder Verma & others, the Petitioners/Operational Creditors, initiated a Corporate Insolvency Resolution Process (CIRP) against Vatsin Infrastructure Limited, the Respondent/Corporate Debtor. The CIRP was initiated under Section 9 of the IBC, 2016, read with Sec 33(1) (b) (i) to (iii) r/w Sec 33(3),12(A). The Committee of Creditors (CoC) approved the agenda for withdrawal of the CIRP process in its 7th meeting held on 2024-07-27 with 100% voting rights. A settlement deed along with Form FA was placed on record. The matter has been mutually settled between the parties with an amount of Rs. 1.45 crore. An application was also filed under Section 33(1) of the Insolvency & Bankruptcy Code, 2016 for Liquidation of Corporate Debtor.