Disposed
In the matter of Karvy Data Management Services Limited [Cp (Ib) No. 121-7-HDB-2022]
NCLTCP (IB) No. 121-7-HDB-2022
Case brief
AI extract
What is this about?
The Tribunal disposed of an application under Section 7 of the IBC, 2016. Since the Corporate Debtor was already admitted into CIRP in a separate petition, the Tribunal left the claim open for examination by the IRP/RP. The petition is disposed of with liberty to approach the Tribunal again if the CIRP is set aside or withdrawn.
What did the court decide?
The Company Petition and pending IAs are disposed of. The petitioner is directed to raise the claim before the IRP/RP. Liberty granted to approach the Tribunal if the CIRP is set aside or withdrawn.