The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Vevelon Petrochem Pvt. Ltd. (Operational Creditor) against Varaha Infra Ltd. (Corporate Debtor).
Vevelon Petrochem Pvt. Ltd. filed an application against Varaha Infra Ltd. under Section 9 of the IBC, 2016.
The counsels jointly stated that the GST amount of Rs. 58 lacs has been taken care of.
A settlement was arrived at between the parties on 03.04.2025.
The GST amount of Rs. 58 has been taken care of.
The NCLT allowed the withdrawal of the CP.
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Settlement arr…
Order passed a…
The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Vevelon Petrochem Pvt. Ltd. (Operational Creditor) against Varaha Infra Ltd. (Corporate Debtor).
Vevelon Petrochem Pvt. Ltd. filed an application against Varaha Infra Ltd. under Section 9 of the IBC, 2016.
The counsels jointly stated that the GST amount of Rs. 58 lacs has been taken care of.
A settlement was arrived at between the parties on 03.04.2025.
The GST amount of Rs. 58 has been taken care of.
The NCLT allowed the withdrawal of the CP.
Settlement arr…
Order passed a…