The case involves an application filed by the Interim Resolution Professional (IRP) under Section 12A of the Insolvency and Bankruptcy Code (IBC) seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated against M/s A2 Interiors Products Pvt. Ltd. The CIRP was initiated based on an order passed on May 5, 2021. The parties have amicably settled the matter, with payment made to the applicant and deposited in an escrow account. The applicant has submitted Form 'FA' as consent for the withdrawal application. The Committee of Creditors (CoC) has not been formed, and no claims have been received or public notice issued. The IRP confirms that all charges have been paid, and the assets and documents of the Corporate Debtor have not been taken over.
M/s A2 Interiors Products Pvt. Ltd. was undergoing Corporate Insolvency Resolution Process (CIRP) based on an order dated 2021-05-05. The CIRP was initiated by the Bench. The Interim Resolution Professional (IRP) filed an application under Section 12A of the Insolvency and Bankruptcy Code (IBC) seeking withdrawal of the CIRP. The parties involved reached an amicable settlement, with payment made to the applicant and deposited in an escrow account. The applicant submitted Form 'FA' as consent for the withdrawal application. The Committee of Creditors (CoC) had not been formed, and no claims were received or public notice issued. The IRP confirmed that all charges had been paid, and the assets and documents of the Corporate Debtor had not been taken over by the IRP. The
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Order passed initiating…
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The case involves an application filed by the Interim Resolution Professional (IRP) under Section 12A of the Insolvency and Bankruptcy Code (IBC) seeking withdrawal of the Corporate Insolvency Resolution Process (CIRP) initiated against M/s A2 Interiors Products Pvt. Ltd. The CIRP was initiated based on an order passed on May 5, 2021. The parties have amicably settled the matter, with payment made to the applicant and deposited in an escrow account. The applicant has submitted Form 'FA' as consent for the withdrawal application. The Committee of Creditors (CoC) has not been formed, and no claims have been received or public notice issued. The IRP confirms that all charges have been paid, and the assets and documents of the Corporate Debtor have not been taken over.
M/s A2 Interiors Products Pvt. Ltd. was undergoing Corporate Insolvency Resolution Process (CIRP) based on an order dated 2021-05-05. The CIRP was initiated by the Bench. The Interim Resolution Professional (IRP) filed an application under Section 12A of the Insolvency and Bankruptcy Code (IBC) seeking withdrawal of the CIRP. The parties involved reached an amicable settlement, with payment made to the applicant and deposited in an escrow account. The applicant submitted Form 'FA' as consent for the withdrawal application. The Committee of Creditors (CoC) had not been formed, and no claims were received or public notice issued. The IRP confirmed that all charges had been paid, and the assets and documents of the Corporate Debtor had not been taken over by the IRP. The
…Order passed initiating…
Order delivere…