Disposed
In the matter of Karvy Data Management Services Ltd. [Ia (Ibc) 1067-2022 in Cp (Ib) No. 258-7-HDB-2021]
NCLTIA (IBC) 1067-2022 in CP (IB) No. 258-7-HDB-2021
Case brief
AI extract
What is this about?
The Tribunal disposed of an application under Section 7 of IBC following an order admitting the Corporate Debtor into CIRP. It directed the IRP to examine the underlying claim expeditiously and allowed the petitioner to approach the Tribunal if the CIRP is set aside or withdrawn.
What did the court decide?
Claim to be raised before IRP; liberty to approach Tribunal if CIRP is set aside or matter withdrawn.