In the matter of Reliance Innoventures Private Limited [C.P.(IB)-2(MB)-2023]
Case brief
What is this about?
The Tribunal disposed of the corporate insolvency resolution process petition filed under Section 7, holding it infructuous due to ongoing CIRP for the same debtor, granting liberty to raise claims before the existing IRP.
What did the court decide?
Present Company Petition disposed of as infructuous; liberty granted to petitioner to put forth claim before the IRP.