The case involves two appeals, Company Appeal (AT) (Insolvency) No. 701 of 2021 and Company Appeal (AT) (Insolvency) No. 785 of 2021, filed by Amanat Randhawa Hotels Pvt. Ltd. against orders passed by the Adjudicating Authority. The Adjudicating Authority had dismissed an application by Amanat Randhawa Hotels for consideration after the approval of a Resolution Plan by the Committee of Creditors (CoC). The Adjudicating Authority also addressed an application by the Resolution Professional seeking approval of a Resolution Plan submitted by Sarabjit Singh.
Amanat Randhawa Hotels Pvt. Ltd. filed appeals against orders of the Adjudicating Authority (NCLT) in I.A. 2763 of 2021 and I.A. 2714 of 2021. The Adjudicating Authority dismissed Amanat Randhawa Hotels' application for consideration after the CoC approved a Resolution Plan. The Adjudicating Authority also considered a Resolution Plan submitted by Sarabjit Singh. The Resolution Professional (RP) issued a public announcement under Section 15 of the Code on 25.12.2020, inviting claims from creditors. The RP collated the list of creditors and constituted the CoC. The RP carried out publication of Form G inviting Expression of Interest (EOI) on 19.02.2021 and 20.02.2021. Nine EOIs were received. The CoC extended the last date for submission of Resolution Plans from
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The case involves two appeals, Company Appeal (AT) (Insolvency) No. 701 of 2021 and Company Appeal (AT) (Insolvency) No. 785 of 2021, filed by Amanat Randhawa Hotels Pvt. Ltd. against orders passed by the Adjudicating Authority. The Adjudicating Authority had dismissed an application by Amanat Randhawa Hotels for consideration after the approval of a Resolution Plan by the Committee of Creditors (CoC). The Adjudicating Authority also addressed an application by the Resolution Professional seeking approval of a Resolution Plan submitted by Sarabjit Singh.
Amanat Randhawa Hotels Pvt. Ltd. filed appeals against orders of the Adjudicating Authority (NCLT) in I.A. 2763 of 2021 and I.A. 2714 of 2021. The Adjudicating Authority dismissed Amanat Randhawa Hotels' application for consideration after the CoC approved a Resolution Plan. The Adjudicating Authority also considered a Resolution Plan submitted by Sarabjit Singh. The Resolution Professional (RP) issued a public announcement under Section 15 of the Code on 25.12.2020, inviting claims from creditors. The RP collated the list of creditors and constituted the CoC. The RP carried out publication of Form G inviting Expression of Interest (EOI) on 19.02.2021 and 20.02.2021. Nine EOIs were received. The CoC extended the last date for submission of Resolution Plans from
…IRP issued a public…
2nd Meeting of…