Mr. Manindra Kumar Tiwari, the Resolution Professional of Paytail Commerce Private Limited (Corporate Debtor), filed an application under Section 30(6) of the IBC, 2016, seeking approval of a Resolution Plan submitted by M/s AKB Ventures Pvt. Ltd. (Successful Resolution Applicant). The Corporate Debtor, incorporated on 07.09.2020, was admitted into CIRP under Section 7 on 12.08.2024, with Ms. Manisha Rawat initially appointed as IRP, later replaced by Mr. Manindra Kumar Tiwari. The Committee of Creditors (CoC) approved the Resolution Plan with an 83.97% voting share on 21.03.2025. The application for approval was filed on 30.04.2025, prior to the expiry of the extended CIRP period on 09.05.2025.
Mr. Manindra Kumar Tiwari, Resolution Professional of Paytail Commerce Private Limited, filed an application IA(IBC)/4/(CH)/2025 under Section 30(6) of the IBC, 2016.
The application seeks approval of the Resolution Plan of M/s AKB Ventures Pvt. Ltd. (Successful Resolution Applicant) for Paytail Commerce Private Limited (Corporate Debtor).
The Resolution Plan was approved by the Committee of Creditors (CoC) with an 83.97% voting share in its 7th Meeting on 21.03.2025.
The Corporate Debtor, Paytail Commerce Private Limited, was incorporated on 07.09.2020 with CIN U72900HR2020PTC089043.
The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) under Section 7 of the Code on 12.08.2024.
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Paytail Commerce…
Form G was published for inviting…
Mr. Manindra Kumar Tiwari, the Resolution Professional of Paytail Commerce Private Limited (Corporate Debtor), filed an application under Section 30(6) of the IBC, 2016, seeking approval of a Resolution Plan submitted by M/s AKB Ventures Pvt. Ltd. (Successful Resolution Applicant). The Corporate Debtor, incorporated on 07.09.2020, was admitted into CIRP under Section 7 on 12.08.2024, with Ms. Manisha Rawat initially appointed as IRP, later replaced by Mr. Manindra Kumar Tiwari. The Committee of Creditors (CoC) approved the Resolution Plan with an 83.97% voting share on 21.03.2025. The application for approval was filed on 30.04.2025, prior to the expiry of the extended CIRP period on 09.05.2025.
Mr. Manindra Kumar Tiwari, Resolution Professional of Paytail Commerce Private Limited, filed an application IA(IBC)/4/(CH)/2025 under Section 30(6) of the IBC, 2016.
The application seeks approval of the Resolution Plan of M/s AKB Ventures Pvt. Ltd. (Successful Resolution Applicant) for Paytail Commerce Private Limited (Corporate Debtor).
The Resolution Plan was approved by the Committee of Creditors (CoC) with an 83.97% voting share in its 7th Meeting on 21.03.2025.
The Corporate Debtor, Paytail Commerce Private Limited, was incorporated on 07.09.2020 with CIN U72900HR2020PTC089043.
The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) under Section 7 of the Code on 12.08.2024.
…Paytail Commerce…
Form G was published for inviting…