The case involves an application filed by the Resolution Professional (RP) seeking approval of the resolution plan of M/s Maruti Inox (India) Pvt Ltd, which was approved by the Committee of Creditors (COC) with 100% voting in its 13th meeting.
The application was filed by the RP on 17.04.2025 seeking approval of the resolution plan.
The resolution plan of M/s Maruti Inox (India) Pvt Ltd was approved by the COC with 100% voting.
The suspended management of the CD filed objections to the resolution plan.
The suspended management alleged that Maruti Inox was a defaulter to the CD and had raised fraudulent documents.
The State Government representing Sales Tax filed an affidavit confirming that the resolution plan accords 'Secured Creditor' status to their claim.
The COC decided to extend the period of CIRP.
The RP informed the COC that a claim from Assistant Commissioner of State Tax was admitted as a Secured Creditor in accordance with the Rainbow Paper judgment.
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Application filed by M/s Jindal Nickel and…
Mr Arpan Mahe…
The case involves an application filed by the Resolution Professional (RP) seeking approval of the resolution plan of M/s Maruti Inox (India) Pvt Ltd, which was approved by the Committee of Creditors (COC) with 100% voting in its 13th meeting.
The application was filed by the RP on 17.04.2025 seeking approval of the resolution plan.
The resolution plan of M/s Maruti Inox (India) Pvt Ltd was approved by the COC with 100% voting.
The suspended management of the CD filed objections to the resolution plan.
The suspended management alleged that Maruti Inox was a defaulter to the CD and had raised fraudulent documents.
The State Government representing Sales Tax filed an affidavit confirming that the resolution plan accords 'Secured Creditor' status to their claim.
The COC decided to extend the period of CIRP.
The RP informed the COC that a claim from Assistant Commissioner of State Tax was admitted as a Secured Creditor in accordance with the Rainbow Paper judgment.
Application filed by M/s Jindal Nickel and…
Mr Arpan Mahe…