The case involves an application filed by the Resolution Professional (RP) of Aditi Health Oils Private Limited, seeking liquidation of the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated against Aditi Health Oils Private Limited based on a petition filed by JM Financial Asset Reconstruction Company Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. An Interim Resolution Professional (IRP) was appointed, and public announcements were made to invite claims. The Committee of Creditors (CoC) was constituted, and in its first meeting, a resolution was passed to replace the IRP with the current RP, Mr. Surendra Kumar Agarwal.
JM Financial Asset Reconstruction Company Limited initiated Corporate Insolvency Resolution Process (CIRP) against Aditi Health Oils Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority admitted the petition on 2019-11-21. An Interim Resolution Professional (IRP) was appointed, and a public announcement was made on 2019-11-28, setting 2019-12-11 as the last date for claim submission. The Committee of Creditors (CoC) was constituted with two Financial Creditors. In the first CoC meeting on 2019-12-19, a resolution was passed to replace the IRP. On 2020-01-01, the Adjudicating Authority approved the replacement of the IRP and appointed Mr. Surendra Kumar Agarwal as the Resolution Professional (RP). The RP published Form
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Adjudicating Authority admitted the petition…
Interim Resolution Professional made a public…
The case involves an application filed by the Resolution Professional (RP) of Aditi Health Oils Private Limited, seeking liquidation of the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated against Aditi Health Oils Private Limited based on a petition filed by JM Financial Asset Reconstruction Company Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. An Interim Resolution Professional (IRP) was appointed, and public announcements were made to invite claims. The Committee of Creditors (CoC) was constituted, and in its first meeting, a resolution was passed to replace the IRP with the current RP, Mr. Surendra Kumar Agarwal.
JM Financial Asset Reconstruction Company Limited initiated Corporate Insolvency Resolution Process (CIRP) against Aditi Health Oils Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority admitted the petition on 2019-11-21. An Interim Resolution Professional (IRP) was appointed, and a public announcement was made on 2019-11-28, setting 2019-12-11 as the last date for claim submission. The Committee of Creditors (CoC) was constituted with two Financial Creditors. In the first CoC meeting on 2019-12-19, a resolution was passed to replace the IRP. On 2020-01-01, the Adjudicating Authority approved the replacement of the IRP and appointed Mr. Surendra Kumar Agarwal as the Resolution Professional (RP). The RP published Form
…Adjudicating Authority admitted the petition…
Interim Resolution Professional made a public…