Ahluwalia Contracts settles payment issues with operational creditor
May 11, 2021
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A2 Interiors Products has filed an application to withdraw the insolvency process initiated by the NCLT Delhi
Ahluwalia Contracts (India) Ltd has settled the payment issues with its operational creditor A2 Interiors Products and has sought the withdrawal of insolvency process initiated by the National Company Law Tribunal (NCLT).
The matter has been amicably resolved and settled with A2 Interiors Products, who has, in turn, filed for the withdrawal of the Corporate Insolvency Resolution Process (CIRP) with the Interim Resolution Professional (IRP) and NCLT, Ahluwalia Contracts said in a statement.
“The steps to get the order set aside are in progress,” it added.
Ahluwalia Contracts settles plea filed by operational creditor
May 11, 2021
On its part, A2 Interiors Products applies to withdraw the insolvency process initiated by the NCLT’s Delhi bench
Ahluwalia Contracts (India) Ltd has settled the payment issues with its operational creditor A2 Interiors Products and has sought to withdraw the insolvency process initiated by the National Company Law Tribunal (NCLT).
The matter has been amicably resolved and settled with A2 Interiors Products, who has, in turn, filed for the withdrawal of the Corporate Insolvency Resolution Process (CIRP) with the Interim Resolution Professional (IRP) and NCLT, Ahluwalia Contracts said in a statement.
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Explanatory Memorandum
The object of this Bill is to amend the Construction Industry Development Board Act so as to provide for a more appropriate and modern legislative framework in view of the accelerating development in the construction industry.
2. Accordingly, the Bill makes provisions, inter alia –
(a) for the registration of providers of construction works and construction services, and suppliers of construction materials,
equipment, plant and labour for construction purposes;
(b) to the effect that nothing shall preclude a professional architect, a professional quantity surveyor and a registered professional
engineer from taking or using the name, description or title of “consultant” in his respective field;
Construction Industry Development Board (Amendment) Bill maurice-info.mu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maurice-info.mu Daily Mail and Mail on Sunday newspapers.
Décisions du Conseil des Ministres du 2 avril 2021 maurice-info.mu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maurice-info.mu Daily Mail and Mail on Sunday newspapers.