These are two appeals relating to the extension of the Corporate Insolvency Resolution Process (CIRP) period for Smaaash Entertainment Private Limited. Company Appeal (AT) Insolvency No. 699-700 of 2023 was filed by Bhrugesh Amin, the Resolution Professional, challenging an order dated April 10, 2023, which partly allowed I.A. No. 1075 of 2023, excluding only 30 days from the CIRP period. Company Appeal (AT) Insolvency No. 870 of 2023 was filed by Kalpana Morakhia, the Suspended Director of the Corporate Debtor, challenging an order dated June 13, 2023, which allowed I.A. No. 1679 of 2023, excluding 262 days from the CIRP period. The CIRP was initiated based on an application by Edelweiss Asset Reconstruction Company Limited under Section 7 of the I&B Code, 2016.
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Smaaash Entertainment Private Limited based on an application by Edelweiss Asset Reconstruction Company Limited under Section 7 of the I&B Code, 2016. Bhrugesh Amin was appointed as the Resolution Professional. The Resolution Professional filed I.A. No. 1075 of 2023 seeking exclusion of 232 days from July 25, 2022, to March 14, 2023, due to the pendency of I.A. No. 2115/2022. The Adjudicating Authority partly allowed the application, excluding only 30 days from February 13, 2023, to March 13, 2023, during which a stay order was in effect. The Resolution Professional then filed Company Appeal (AT) Insolvency No. 699-700 of 2023 challenging this order. Kalpana Morakhia, the Suspended Director of
…Sign in to view the parties.
CIRP against Smaaash Entertainment Private…
Form-G was issued by…
These are two appeals relating to the extension of the Corporate Insolvency Resolution Process (CIRP) period for Smaaash Entertainment Private Limited. Company Appeal (AT) Insolvency No. 699-700 of 2023 was filed by Bhrugesh Amin, the Resolution Professional, challenging an order dated April 10, 2023, which partly allowed I.A. No. 1075 of 2023, excluding only 30 days from the CIRP period. Company Appeal (AT) Insolvency No. 870 of 2023 was filed by Kalpana Morakhia, the Suspended Director of the Corporate Debtor, challenging an order dated June 13, 2023, which allowed I.A. No. 1679 of 2023, excluding 262 days from the CIRP period. The CIRP was initiated based on an application by Edelweiss Asset Reconstruction Company Limited under Section 7 of the I&B Code, 2016.
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Smaaash Entertainment Private Limited based on an application by Edelweiss Asset Reconstruction Company Limited under Section 7 of the I&B Code, 2016. Bhrugesh Amin was appointed as the Resolution Professional. The Resolution Professional filed I.A. No. 1075 of 2023 seeking exclusion of 232 days from July 25, 2022, to March 14, 2023, due to the pendency of I.A. No. 2115/2022. The Adjudicating Authority partly allowed the application, excluding only 30 days from February 13, 2023, to March 13, 2023, during which a stay order was in effect. The Resolution Professional then filed Company Appeal (AT) Insolvency No. 699-700 of 2023 challenging this order. Kalpana Morakhia, the Suspended Director of
…CIRP against Smaaash Entertainment Private…
Form-G was issued by…