The case involves Shree Maheshwari Fashions as the operational creditor and AB Garments Impex LLP as the corporate debtor. The initial IRP (Interim Resolution Professional) expressed a desire to discontinue their role due to health reasons. The Operational Creditor did not propose another name to appoint as RP.
Shree Maheshwari Fashions initiated insolvency proceedings against AB Garments Impex LLP under Section 9 of the IBC. The initial IRP expressed a desire to discontinue their role due to health reasons. The Operational Creditor did not propose a replacement. The court then appointed Mr. Kamal Prakash Singh as the new Resolution Professional (RP). The outgoing IRP was directed to hand over all records to the new RP and submit fees and cost memos.
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Hearing held on…
Case listed for filing…
The case involves Shree Maheshwari Fashions as the operational creditor and AB Garments Impex LLP as the corporate debtor. The initial IRP (Interim Resolution Professional) expressed a desire to discontinue their role due to health reasons. The Operational Creditor did not propose another name to appoint as RP.
Shree Maheshwari Fashions initiated insolvency proceedings against AB Garments Impex LLP under Section 9 of the IBC. The initial IRP expressed a desire to discontinue their role due to health reasons. The Operational Creditor did not propose a replacement. The court then appointed Mr. Kamal Prakash Singh as the new Resolution Professional (RP). The outgoing IRP was directed to hand over all records to the new RP and submit fees and cost memos.
Hearing held on…
Case listed for filing…