The application was filed under Section 30(6) of the Insolvency & Bankruptcy Code, 2016, by the Resolution Professional of the corporate debtor, seeking approval of the Resolution Plan dated 16.08.2023 of Resolution Applicant Mr. Rakesh Omprakash Bhandari, as agreed upon by the requisite majority of the CoC.
The application was filed under Section 30(6) of the Insolvency & Bankruptcy Code, 2016.
The Resolution Plan dated 16.08.2023 was submitted by Resolution Applicant Mr. Rakesh Omprakash Bhandari.
The CoC approved the resolution plan by 100% votes.
The IRP collated the claims and constituted the Committee of Creditors ("CoC") on 27.02.2023.
The CoC comprised of sole Financial Creditor i.e. Khodiyar Krupa Fabrics.
The 1st CoC meeting was held on 04.03.2023.
The 2nd CoC meeting was held on 31.03.2023, wherein the members of CoC inter alia resolved to initiate the process of Expression of Interest ("Eol") by publishing Form-G.
During the 3rd CoC meeting dated 16.06.2023, the RP apprised the members of CoC that he has published Form G i.e. Expression of Interest on 01.04.2023.
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Order admitting the Corporate Insolvency…
Public announcement inviting the claims from…
The application was filed under Section 30(6) of the Insolvency & Bankruptcy Code, 2016, by the Resolution Professional of the corporate debtor, seeking approval of the Resolution Plan dated 16.08.2023 of Resolution Applicant Mr. Rakesh Omprakash Bhandari, as agreed upon by the requisite majority of the CoC.
The application was filed under Section 30(6) of the Insolvency & Bankruptcy Code, 2016.
The Resolution Plan dated 16.08.2023 was submitted by Resolution Applicant Mr. Rakesh Omprakash Bhandari.
The CoC approved the resolution plan by 100% votes.
The IRP collated the claims and constituted the Committee of Creditors ("CoC") on 27.02.2023.
The CoC comprised of sole Financial Creditor i.e. Khodiyar Krupa Fabrics.
The 1st CoC meeting was held on 04.03.2023.
The 2nd CoC meeting was held on 31.03.2023, wherein the members of CoC inter alia resolved to initiate the process of Expression of Interest ("Eol") by publishing Form-G.
During the 3rd CoC meeting dated 16.06.2023, the RP apprised the members of CoC that he has published Form G i.e. Expression of Interest on 01.04.2023.
…Order admitting the Corporate Insolvency…
Public announcement inviting the claims from…