This case involves an application filed by Mr. Kshitiz Gupta, the Resolution Professional (RP) of Aaishni Pharmaceuticals Pvt. Ltd., under Section 33 of the Insolvency and Bankruptcy Code, 2016. The RP sought a liquidation order for the corporate debtor based on a resolution passed by the Committee of Creditors (CoC) in its 5th meeting held on June 21, 2023. The Corporate Insolvency Resolution Process (CIRP) for Aaishni Pharmaceuticals Pvt. Ltd. commenced with the admission of CP No. (IB)- 4059/2018 by the Tribunal on January 6, 2023, and Mr. Vinodkumar Pukhraj Ambavat was initially appointed as the Interim Resolution Professional (IRP).

This case involves an application filed by Mr. Kshitiz Gupta, the Resolution Professional (RP) of Aaishni Pharmaceuticals Pvt. Ltd., under Section 33 of the Insolvency and Bankruptcy Code, 2016. The RP sought a liquidation order for the corporate debtor based on a resolution passed by the Committee of Creditors (CoC) in its 5th meeting held on June 21, 2023. The Corporate Insolvency Resolution Process (CIRP) for Aaishni Pharmaceuticals Pvt. Ltd. commenced with the admission of CP No. (IB)- 4059/2018 by the Tribunal on January 6, 2023, and Mr. Vinodkumar Pukhraj Ambavat was initially appointed as the Interim Resolution Professional (IRP).