The case involves two appeals challenging similar orders passed by the National Company Law Tribunal (NCLT), Chennai, on December 19, 2018. These orders arose from two separate Corporate Insolvency Resolution Processes (CIRP) initiated against M/s. Green Gardens Private Limited (Corporate Debtor No. 1) and M/s. Gemini Arts Private Limited (Corporate Debtor No. 2). In both CIRPs, Mr. Nurani Subramanian Suryanarayanan was appointed as the common Resolution Professional. Kotak Mahindra Bank (Financial Creditor) and Smt. K. Bharathi (another Financial Creditor) were involved in both processes simultaneously.
…Two Corporate Insolvency Resolution Processes (CIRP) were initiated against M/s. Green Gardens Private Limited (Corporate Debtor No. 1) and M/s. Gemini Arts Private Limited (Corporate Debtor No. 2). Mr. Nurani Subramanian Suryanarayanan was appointed as the common Resolution Professional for both entities. In these parallel CIRPs, Kotak Mahindra Bank (Financial Creditor) and Smt. K. Bharathi (another Financial Creditor) were involved simultaneously.
…NCLT, Chennai passed two separate,…
The Committee of Creditors held a meeting…
The case involves two appeals challenging similar orders passed by the National Company Law Tribunal (NCLT), Chennai, on December 19, 2018. These orders arose from two separate Corporate Insolvency Resolution Processes (CIRP) initiated against M/s. Green Gardens Private Limited (Corporate Debtor No. 1) and M/s. Gemini Arts Private Limited (Corporate Debtor No. 2). In both CIRPs, Mr. Nurani Subramanian Suryanarayanan was appointed as the common Resolution Professional. Kotak Mahindra Bank (Financial Creditor) and Smt. K. Bharathi (another Financial Creditor) were involved in both processes simultaneously.
…Two Corporate Insolvency Resolution Processes (CIRP) were initiated against M/s. Green Gardens Private Limited (Corporate Debtor No. 1) and M/s. Gemini Arts Private Limited (Corporate Debtor No. 2). Mr. Nurani Subramanian Suryanarayanan was appointed as the common Resolution Professional for both entities. In these parallel CIRPs, Kotak Mahindra Bank (Financial Creditor) and Smt. K. Bharathi (another Financial Creditor) were involved simultaneously.
…NCLT, Chennai passed two separate,…
The Committee of Creditors held a meeting…