Tribunals and CommissionsDivision Bench(2024) 03 NCLT CK 3215

Buldana Urban Cooperative Credit Society Ltd Buldana vs Yashwant Sugar and Power Pvt Ltd.

National Company Law Tribunal · Decided on 21 March 2024

HON’BLE JUDGES
Lakshmi Gurung, Member (J) · Charanjeet Singh Gulati, Member (T)
CASE NUMBER
I.A. 1228/2024 in RCP(IB)/3(MB)2024 (Old Case C.P.(IB)-1244(MB)/2022)

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

Ask AI about this case

AI Structured Summary

Not yet generated for this judgment

Judgment

5 paragraphs · 118 words

ORDER

I.A. 1228/2024

1.

The above application has been filed by Interim Resolution Professional under Section 12A of the IBC, 2016 seeking withdrawal of the CIRP process. We note that Form FA duly signed by the Financial Creditor has been annexed to the Petition as Exhibit -5. Since the COC is not constituted, the approval from the COC is not required.

2.

After hearing the submissions of the applicant and going through the averments, this bench allows the above Application. Accordingly, the above application is allowed and company petition is dismissed as withdrawn. Since the main company petition is dismissed as withdrawn, all consequential I.A’s / M.A.s if any, shall stand disposed of.

File consigned to be record.