The case pertains to an insolvency resolution process initiated by M/s Vardhman Trading Company, an operational creditor, against Allwyn Furniture Private Limited, the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The initial petition was admitted on 07.01.2019. The current order is for declaring a moratorium and appointing an Interim Resolution Professional (IRP).
M/s Vardhman Trading Company, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Allwyn Furniture Private Limited, the corporate debtor. The petition was admitted on 07.01.2019. The court is now passing a formal order to declare a moratorium and appoint an Interim Resolution Professional. Sunil Kumar Agrawal has furnished communication in Form No.2. The order declares a moratorium under Section 14(1) of the Code, which includes restrictions on suits, asset transfers, and recovery actions against the corporate debtor. Sunil Kumar Agrawal is appointed as the Interim Resolution Professional. The powers of the Board of Directors of Allwyn Furniture Private Limited are suspended. The IRP is directed to make a
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The petition filed by M/s Vardhman Trading…
The court passed an order declaring a…
The case pertains to an insolvency resolution process initiated by M/s Vardhman Trading Company, an operational creditor, against Allwyn Furniture Private Limited, the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The initial petition was admitted on 07.01.2019. The current order is for declaring a moratorium and appointing an Interim Resolution Professional (IRP).
M/s Vardhman Trading Company, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Allwyn Furniture Private Limited, the corporate debtor. The petition was admitted on 07.01.2019. The court is now passing a formal order to declare a moratorium and appoint an Interim Resolution Professional. Sunil Kumar Agrawal has furnished communication in Form No.2. The order declares a moratorium under Section 14(1) of the Code, which includes restrictions on suits, asset transfers, and recovery actions against the corporate debtor. Sunil Kumar Agrawal is appointed as the Interim Resolution Professional. The powers of the Board of Directors of Allwyn Furniture Private Limited are suspended. The IRP is directed to make a
…The petition filed by M/s Vardhman Trading…
The court passed an order declaring a…