Khayerbari Tea Company Ltd. (KTCL) and Santiprova Agro Products Pvt. Ltd. filed appeals against orders rejecting their applications seeking direction to the Resolution Professional to consider their Expression of Interest (EOI). The Adjudicating Authority rejected the applications because the EOIs were submitted after the expiry of the last date of submission.
Khayerbari Tea Company Ltd. (KTCL) filed Company Appeal (AT) (Insolvency) No. 466 of 2022 against an order dated 22.03.2022, where the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, rejected its application seeking direction to the Resolution Professional to consider and accept the Expression of Interest (EOI) dated 11.02.2022. The Adjudicating Authority rejected the application because the EOI was sent after the expiry of the last date of submission. Santiprova Agro Products Pvt. Ltd. filed Company Appeal (AT) (Insolvency) No. 467 of 2022, challenging a similar order dated 22.03.2022, where its I.A. seeking direction to the Resolution Professional to consider and accept the EOI dated 17.02.2022 was not acceded to. During the pendency of the
…Sign in to view the parties.
Khayerbari Tea Company…
Santiprova Agro…
Sign in to view related legal provisions.
Khayerbari Tea Company Ltd. (KTCL) and Santiprova Agro Products Pvt. Ltd. filed appeals against orders rejecting their applications seeking direction to the Resolution Professional to consider their Expression of Interest (EOI). The Adjudicating Authority rejected the applications because the EOIs were submitted after the expiry of the last date of submission.
Khayerbari Tea Company Ltd. (KTCL) filed Company Appeal (AT) (Insolvency) No. 466 of 2022 against an order dated 22.03.2022, where the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, rejected its application seeking direction to the Resolution Professional to consider and accept the Expression of Interest (EOI) dated 11.02.2022. The Adjudicating Authority rejected the application because the EOI was sent after the expiry of the last date of submission. Santiprova Agro Products Pvt. Ltd. filed Company Appeal (AT) (Insolvency) No. 467 of 2022, challenging a similar order dated 22.03.2022, where its I.A. seeking direction to the Resolution Professional to consider and accept the EOI dated 17.02.2022 was not acceded to. During the pendency of the
…Khayerbari Tea Company…
Santiprova Agro…
Sign in to view related legal provisions.