Disposed
In the matter of Karvy Data Management Services Ltd. [Cp(Ib) No. 355-9-HDB-2022]
NCLTCP(IB) No. 355-9-HDB-2022
Case brief
AI extract
What is this about?
Disclosed a Company Petition u/s 9 IBC 2016. Directed the IRP/RP to examine the petitioner's claim expeditiously pending CIRP admission. Granted liberty to approach the Tribunal if the CIRP is set aside or the underlying company petition is withdrawn.
What did the court decide?
Petitioner directed to raise claim before IRP/RP for expeditious examination; liberty to approach Tribunal upon withdrawal of CIRP petition.