The case involves M/s. Sun Control Systems (Partnership Firm) as the petitioner against M/s. Aarcity Infrastructure Pvt. Ltd. The matter pertains to Section 9 of the IB Code, 2016. An order dated 18.07.2023 in IB/139/ND/2023 initiated CIRP against Aarcity Infrastructure Pvt. Ltd. in the matter of Euphoria Construction Pvt. Ltd. Vs. Aarcity Infrastructure Pvt. Ltd.
M/s. Sun Control Systems (Partnership Firm) filed a case against M/s. Aarcity Infrastructure Pvt. Ltd. under Section 9 of the IB Code, 2016. The court noted that CIRP had already been initiated against M/s. Aarcity Infrastructure Pvt. Ltd. in another case (Euphoria Construction Pvt. Ltd. Vs. Aarcity Infrastructure Pvt. Ltd.) under IB/139/ND/2023, with an order dated 18.07.2023. The Corporate Debtor had paid Rs. 6,00,000/- towards the CIRP cost. The present case, IB/2185/ND/2019, was then dismissed as infructuous along with all IAs.
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Order dated 18.07.2023 in IB/139/ND/2023…
Order dated 01…
The case involves M/s. Sun Control Systems (Partnership Firm) as the petitioner against M/s. Aarcity Infrastructure Pvt. Ltd. The matter pertains to Section 9 of the IB Code, 2016. An order dated 18.07.2023 in IB/139/ND/2023 initiated CIRP against Aarcity Infrastructure Pvt. Ltd. in the matter of Euphoria Construction Pvt. Ltd. Vs. Aarcity Infrastructure Pvt. Ltd.
M/s. Sun Control Systems (Partnership Firm) filed a case against M/s. Aarcity Infrastructure Pvt. Ltd. under Section 9 of the IB Code, 2016. The court noted that CIRP had already been initiated against M/s. Aarcity Infrastructure Pvt. Ltd. in another case (Euphoria Construction Pvt. Ltd. Vs. Aarcity Infrastructure Pvt. Ltd.) under IB/139/ND/2023, with an order dated 18.07.2023. The Corporate Debtor had paid Rs. 6,00,000/- towards the CIRP cost. The present case, IB/2185/ND/2019, was then dismissed as infructuous along with all IAs.
Order dated 18.07.2023 in IB/139/ND/2023…
Order dated 01…