NCLT Closes Canara Bank-Pawan Pandey PIRP Case

NCLT Allahabad disposes of personal insolvency case against Pawan Pandey, guarantor of Green Space Block LLP.
Case closure follows full receipt of One Time Settlement payment by financial creditor Canara Bank.
Resolution Professional filed application under Section 112 of IBC 2016 to report settlement completion.
Tribunal allows the application and disposes of the main insolvency petition CP (IB) No.85/ALD/2024.