Mumbai: The National Company Law Tribunal (NCLT) has dismissed an application filed by the interim resolution professional (IRP) of SKIL Infrastructure seeking withdrawal of the corporate insolvency resolution process (CIRP) against the company.The listed infrastructure firm, promoted by brothers Bhavesh and Nikhil Gandhi, was admitted under the CIRP on an application filed by its financial creditor, Amluckie Investment Company.
“We are of the considered view that the withdrawal does not deserve to be allowed,” an NCLT Mumbai division bench of judicial member Saji Kumar and technical member Anil Raj Chellan said in its order dated August 13. “The applicant/IRP is directed to constitute the committee of creditors (CoC) forthwith and…