Tribunals and CommissionsDivision Bench(2023) 06 NCLT CK 2914

M/s. Avnish Builders And Contractors vs M/s. VRP Buildtech Private Limited

National Company Law Tribunal · Decided on 7 June 2023

HON’BLE JUDGES
Bachu Venkat Balaram Das, Member (Judicial) · Atul Chaturvedi, Member (Technical)
CASE NUMBER
IB-100(ND)/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

6 paragraphs · 215 words

ORDER

PER: BACHU VENKAT BALARAM DAS, MEMBER (JUDICIAL)

1)

It is seen from the Order dated 30.05.2023 passed in the matter of IB-2765(ND)/2019 titled as M/s. S.P. Town Planner Private Limited vs. M/s. VRP Buildtech Private Limited, that the present Corporate Debtor i.e. M/s. VRP Buildtech Private Limited has already been put under the Corporate Insolvency Resolution Process (“CIRP”) in terms of Section 9 of the IBC, 2016. In the said case Mr. Kamal Agarwal, having Registration No.: IBBI/IPA-001/IP-P00868/2017-2018/11466, having Address: 487/27, School Road, Near Peeragarhi Metro Station, New Delhi, 110087 has already been appointed by this Adjudicating Authority as Interim Resolution Professional (“IRP”).

2)

The Financial Creditor is hereby directed to file the appropriate claim before the said IRP for due Consideration in the CIRP proceedings of the Corporate Debtor i.e., M/s. VRP Buildtech Private Limited. However, liberty is granted to the Financial Creditor to revive the present petition bearing IB-100(ND)/2022 in case the order dated 30.05.2023 passed in the IB-2765(ND)/2019 is set aside by the Appellate Courts or the said Corporate Debtor enters into any type of settlement with the Financial Creditor in the matter i.e. IB-2765(ND)/2019.

3)

In view of the above, the present Application bearing IB-100(ND)/2022 is disposed of.

The case folders and papers may be consigned to the record room.