https://www.taxtmi.com/caselaws?id=460282 A Section 7 application for initiation of CIRP was discussed in the context of an already admitted petition against the same corporate debtor. The text notes that once CIRP has commenced under the IBC, 2016, creditors are to submit their claims before the IRP in the ongoing proceedings rather than pursue a separate parallel process. It records that CIRP had already been ordered for the corporate debtor and an IRP appointed, and that the application was disposed of accordingly. en-us Tue, 14 May 2024 00:00:00 +0530 Fri, 17 Jan 2025 20:05:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460282 A Section 7 application for initiation of CIRP was discussed in the context of an already admitted petition against the same corporate debtor. The text notes that once CIRP has commenced under the IBC, 2016, creditors are to submit their claims before the IRP in the ongoing proceedings rather than pursue a separate parallel process. It records that CIRP had already been ordered for the corporate debtor and an IRP appointed, and that the application was disposed of accordingly. Case-Laws IBC Tue, 14 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460282