Indian Bank filed a petition under Section 7 of the IBC, 2016 to initiate CIRP against SSJV Projects Private Limited. The CIRP was initiated, and an Interim Resolution Professional (IRP) was appointed, later approved as RP. The CoC recommended early-stage liquidation due to the company's lack of ongoing business operations, tangible assets, and employees.
Indian Bank filed a petition under Section 7 of IBC, 2016 to initiate CIRP against SSJV Projects Private Limited.
The CIRP was initiated on 04.07.2025, and an Interim Resolution Professional (IRP) was appointed.
The IRP was approved as RP by the CoC and accepted by the Adjudicating Authority.
The CoC recommended early-stage liquidation due to the company's lack of ongoing business operations, tangible assets, and employees.
The CoC approved the appointment of Mr. Ravindra Beleyur as the Liquidator.
The Adjudicating Authority allowed the application for liquidation under Section 33(2) of the IBC.
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Indian Bank filed C.P (IB) No. 34 of 2024…
The Company Petition…
Indian Bank filed a petition under Section 7 of the IBC, 2016 to initiate CIRP against SSJV Projects Private Limited. The CIRP was initiated, and an Interim Resolution Professional (IRP) was appointed, later approved as RP. The CoC recommended early-stage liquidation due to the company's lack of ongoing business operations, tangible assets, and employees.
Indian Bank filed a petition under Section 7 of IBC, 2016 to initiate CIRP against SSJV Projects Private Limited.
The CIRP was initiated on 04.07.2025, and an Interim Resolution Professional (IRP) was appointed.
The IRP was approved as RP by the CoC and accepted by the Adjudicating Authority.
The CoC recommended early-stage liquidation due to the company's lack of ongoing business operations, tangible assets, and employees.
The CoC approved the appointment of Mr. Ravindra Beleyur as the Liquidator.
The Adjudicating Authority allowed the application for liquidation under Section 33(2) of the IBC.
Indian Bank filed C.P (IB) No. 34 of 2024…
The Company Petition…