The application was filed by the suspended director of the corporate debtor under Section 60(5) of the IBC, 2016, seeking to declare the CIRP cost approved by the CoC as unjust and arbitrary, quash the 15th CoC meeting, and direct the CoC to reconsider the CIRP cost and accept the resolution plan.
The Adjudicating Authority admitted an application filed by Sanwar Mal Tiwari, an operational creditor, under Section 9 of the Code for the initiation of Corporate Insolvency Resolution Process (CIRP) against M/s Aesthetic Stone Arts India Pvt. Ltd. on March 4, 2020. Ms. Anuradha Gupta was appointed as the Interim Resolution Professional (IRP), and later, Mr. Vijendra Bangar was appointed as the Resolution Professional (RP) by the Committee of Creditors (CoC) on October 15, 2020.
…Adjudicating Authority admitted the…
Mr. Vijendra Bangar was appointed as the…
Sign in to view related legal provisions.
The application was filed by the suspended director of the corporate debtor under Section 60(5) of the IBC, 2016, seeking to declare the CIRP cost approved by the CoC as unjust and arbitrary, quash the 15th CoC meeting, and direct the CoC to reconsider the CIRP cost and accept the resolution plan.
The Adjudicating Authority admitted an application filed by Sanwar Mal Tiwari, an operational creditor, under Section 9 of the Code for the initiation of Corporate Insolvency Resolution Process (CIRP) against M/s Aesthetic Stone Arts India Pvt. Ltd. on March 4, 2020. Ms. Anuradha Gupta was appointed as the Interim Resolution Professional (IRP), and later, Mr. Vijendra Bangar was appointed as the Resolution Professional (RP) by the Committee of Creditors (CoC) on October 15, 2020.
…Adjudicating Authority admitted the…
Mr. Vijendra Bangar was appointed as the…
Sign in to view related legal provisions.