The case involves an application filed by the Resolution Professional (RP) seeking liquidation of the corporate debtor, Amrit Feeds Limited, as no resolution plan was received. The Corporate Insolvency Resolution Process (CIRP) was initiated against Amrit Feeds Limited based on a petition filed by Huvepharma Sea (Pune) Private Limited, an operational creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Interim Resolution Professional (IRP) was appointed, and public announcements were made to invite claims. The Committee of Creditors (CoC) was formed, and several meetings were held to explore resolution possibilities. Despite multiple attempts to solicit resolution plans, none were received, leading to the decision to liquidate the corporate debtor.
Huvepharma Sea (Pune) Private Limited, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, leading to the initiation of the Corporate Insolvency Resolution Process (CIRP) against Amrit Feeds Limited. The Adjudicating Authority admitted the petition on 22.10.2019. Pankaj Kumar Tibrewal was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was constituted, comprising initially four and later six financial creditors. Several CoC meetings were held to explore resolution possibilities. Despite multiple publications of Form G inviting Expressions of Interest (EoI), no
…Sign in to view the parties.
Adjudicating Authority admitted the petition…
The IRP made public announcement in Form ‘A’in…
The case involves an application filed by the Resolution Professional (RP) seeking liquidation of the corporate debtor, Amrit Feeds Limited, as no resolution plan was received. The Corporate Insolvency Resolution Process (CIRP) was initiated against Amrit Feeds Limited based on a petition filed by Huvepharma Sea (Pune) Private Limited, an operational creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Interim Resolution Professional (IRP) was appointed, and public announcements were made to invite claims. The Committee of Creditors (CoC) was formed, and several meetings were held to explore resolution possibilities. Despite multiple attempts to solicit resolution plans, none were received, leading to the decision to liquidate the corporate debtor.
Huvepharma Sea (Pune) Private Limited, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, leading to the initiation of the Corporate Insolvency Resolution Process (CIRP) against Amrit Feeds Limited. The Adjudicating Authority admitted the petition on 22.10.2019. Pankaj Kumar Tibrewal was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was constituted, comprising initially four and later six financial creditors. Several CoC meetings were held to explore resolution possibilities. Despite multiple publications of Form G inviting Expressions of Interest (EoI), no
…Adjudicating Authority admitted the petition…
The IRP made public announcement in Form ‘A’in…