In the matter of Hanson Agro Ltd. {Ia No. 1126-2023 in Cp (Ib) No. 283-Chd-PB-2019]
Case brief
What is this about?
The Tribunal recalled the admission order and allowed the IRP application to withdraw the Corporate Insolvency Resolution Process. Consequently, the moratorium was lifted, the IRP was discharged, and the Board of Directors of the corporate debtor was restored.
What did the court decide?
The application for withdrawal was allowed; the Corporate Insolvency Resolution Process petition was dismissed as withdrawn; the moratorium under Section 14 was lifted; the IRP was discharged; the adm