Dismissed
In the matter of Mantovani Di Dharti Pvt. Ltd. Cp (Ib) No. 187-9-HDB-2022
Case brief
AI extract
What is this about?
The National Company Law Tribunal dismissed an application filed by Ultratech Cement Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016, directing the petitioner to approach the IRP appointed in the primary insolvency proceedings against the corporate debtor for claiming recognition.
What did the court decide?
Acknowledgment of the existing CIRP; direction to file claim before the appointed IRP in CP (IB) No.149/7/HDB/2022; liberty to return if that application is settled.