For the first corporate debtor under Section 7 IBC. The corporate debtor submitted that the debt was fully paid and filed consent terms. The Bench dismissed the CIRP as settled and took the corporate debtor out of the process.
Application dismissed as settled; Corporate Debtor taken out of CIRP.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCH COURT-IV
CORAM:
SHRI PRABHAT KUMAR MEMBER (Technical)
SHRI KISHORE VEMULAPALLI MEMBER (Judicial)
ORDER SHEET OF THE HEARING HELD ON 06.07.2023
Name of the Party: Mr. Kashyap Deorah Vs.
AYG Realty Private Limited
Section 7 of Insolvency and Bankruptcy Code, 2016
ORDER
Sd/-
PRABHAT KUMAR Member (Technical)
Sd/-
KISHORE VEMULAPALLI Member (Judicial)
/Dubey/
1 issue framed by the court
Whether to dismiss the application under Section 7 IBC after full payment of debt and filing of consent terms by both parties.
1 provisions across 1 enactments
Mr. Kashyap Deorah
AYG Realty Private Limited
PRABHAT KUMAR
KISHORE VEMULAPALLI
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
