The application was filed under sections 33(1), 33(2), and 34(1) of the Insolvency and Bankruptcy Code, 2016, seeking liquidation of the corporate debtor after the Corporate Insolvency Resolution Process (CIRP) period expired without a resolution plan.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process ( CIRP ) against M/s Anil Life Sciences Limited on September 12, 2018, based on a petition filed by operational creditors Mr. Ritesh K.V.K Suchak and M/s Ashish Rice Mill under section 9 of the IB Code. An Interim Resolution Professional (IRP) was appointed at that time. Following the IRP's appointment, a public announcement was made on October 6, 2018, in various newspapers, including "DNA," "Jai Hind" (Ahmedabad edition), "Economic Times," and "Pradesh Today" (MP Edition). In the second meeting on December 10, 2018, the Committee of Creditors (COC) resolved to invite Expression of Interest ( EOI ) in Form G, which
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The Corporate Insolvency Resolution Process…
The Interim Resolution…
The application was filed under sections 33(1), 33(2), and 34(1) of the Insolvency and Bankruptcy Code, 2016, seeking liquidation of the corporate debtor after the Corporate Insolvency Resolution Process (CIRP) period expired without a resolution plan.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process ( CIRP ) against M/s Anil Life Sciences Limited on September 12, 2018, based on a petition filed by operational creditors Mr. Ritesh K.V.K Suchak and M/s Ashish Rice Mill under section 9 of the IB Code. An Interim Resolution Professional (IRP) was appointed at that time. Following the IRP's appointment, a public announcement was made on October 6, 2018, in various newspapers, including "DNA," "Jai Hind" (Ahmedabad edition), "Economic Times," and "Pradesh Today" (MP Edition). In the second meeting on December 10, 2018, the Committee of Creditors (COC) resolved to invite Expression of Interest ( EOI ) in Form G, which
…The Corporate Insolvency Resolution Process…
The Interim Resolution…