The Corporate Insolvency Resolution Process (CIRP) was initiated against Button Industries Private Limited. The Resolution Professional (RP), CA & Bhavan Trivedi, filed an application under Section 30(6) read with Section 60(5) of the IBC, 2016, seeking approval for a Resolution Plan submitted by Wellfin Corporation and Madhav Solar Private Limited. This plan, which included a scheme of demerger, had been approved by the Committee of Creditors (CoC) with 100% voting share.
CA & Bhavan Trivedi, RP of M/s. Button Industries Private Limited, filed an application under Section 30(6) read with Section 60(5) of the IBC, 2016.
The application sought approval of a Resolution Plan submitted by Wellfin Corporation and Madhav Solar Private Limited.
The Resolution Plan was approved by the Committee of Creditors (CoC) with 100% voting share.
The Corporate Insolvency Resolution Process (CIRP) against Button Industries Private Limited was initiated on 30.04.2025, with the appointment of an Interim Resolution Professional (IRP).
Public announcement was issued on 02.05.2025, claims were collated, and the CoC was constituted.
On 26.05.2025, CA & IP Bhavan Trivedi was appointed as the Resolution Professional (RP) in place of the IRP.
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The Corporate Insolvency Resolution Process…
A public announcement was issued, claims were…
The Corporate Insolvency Resolution Process (CIRP) was initiated against Button Industries Private Limited. The Resolution Professional (RP), CA & Bhavan Trivedi, filed an application under Section 30(6) read with Section 60(5) of the IBC, 2016, seeking approval for a Resolution Plan submitted by Wellfin Corporation and Madhav Solar Private Limited. This plan, which included a scheme of demerger, had been approved by the Committee of Creditors (CoC) with 100% voting share.
CA & Bhavan Trivedi, RP of M/s. Button Industries Private Limited, filed an application under Section 30(6) read with Section 60(5) of the IBC, 2016.
The application sought approval of a Resolution Plan submitted by Wellfin Corporation and Madhav Solar Private Limited.
The Resolution Plan was approved by the Committee of Creditors (CoC) with 100% voting share.
The Corporate Insolvency Resolution Process (CIRP) against Button Industries Private Limited was initiated on 30.04.2025, with the appointment of an Interim Resolution Professional (IRP).
Public announcement was issued on 02.05.2025, claims were collated, and the CoC was constituted.
On 26.05.2025, CA & IP Bhavan Trivedi was appointed as the Resolution Professional (RP) in place of the IRP.
…The Corporate Insolvency Resolution Process…
A public announcement was issued, claims were…