The Resolution Professional (Ashish Gupta) and the Resolution Applicant (M/s. Kendriya Bhandar, Delhi) filed two unnumbered Applications seeking approval of the Resolution Plan approved by the CoC of the Corporate Debtor namely Anush Finlease and Construction Pvt. Ltd with 77.54% on 14.03.2020. Kendriya Bhandra also executed a performance security for ₹12Crore by way of fixed deposits on 23.3.2020. The reason for urgent hearing is, in the wake of Coronavirus outbreak in the country, the Resolution Applicant is proposing to convert the hotel and commercial complex in construction into a temporary shelter which could accommodate 2500-3000 persons and cater the needs of the Government as a measure to control spread of the pandemic.
The Resolution Professional (Ashish Gupta) and the Resolution Applicant (M/s. Kendriya Bhandar, Delhi) filed two unnumbered Applications seeking approval of the Resolution Plan approved by the CoC of the Corporate Debtor namely Anush Finlease and Construction Pvt. Ltd with 77.54% on 14.03.2020. Kendriya Bhandra also executed a performance security for ₹12Crore by way of fixed deposits on 23.3.2020. The reason for urgent hearing is, in the wake of Coronavirus outbreak in the country, the Resolution Applicant is proposing to convert the hotel and commercial complex in construction into a temporary shelter which could accommodate 2500-3000 persons and cater the needs of the Government as a measure to control spread of the pandemic. The entire cost of the project,
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The CoC of the…
Kendriya Bhandra…
The Resolution Professional (Ashish Gupta) and the Resolution Applicant (M/s. Kendriya Bhandar, Delhi) filed two unnumbered Applications seeking approval of the Resolution Plan approved by the CoC of the Corporate Debtor namely Anush Finlease and Construction Pvt. Ltd with 77.54% on 14.03.2020. Kendriya Bhandra also executed a performance security for ₹12Crore by way of fixed deposits on 23.3.2020. The reason for urgent hearing is, in the wake of Coronavirus outbreak in the country, the Resolution Applicant is proposing to convert the hotel and commercial complex in construction into a temporary shelter which could accommodate 2500-3000 persons and cater the needs of the Government as a measure to control spread of the pandemic.
The Resolution Professional (Ashish Gupta) and the Resolution Applicant (M/s. Kendriya Bhandar, Delhi) filed two unnumbered Applications seeking approval of the Resolution Plan approved by the CoC of the Corporate Debtor namely Anush Finlease and Construction Pvt. Ltd with 77.54% on 14.03.2020. Kendriya Bhandra also executed a performance security for ₹12Crore by way of fixed deposits on 23.3.2020. The reason for urgent hearing is, in the wake of Coronavirus outbreak in the country, the Resolution Applicant is proposing to convert the hotel and commercial complex in construction into a temporary shelter which could accommodate 2500-3000 persons and cater the needs of the Government as a measure to control spread of the pandemic. The entire cost of the project,
…The CoC of the…
Kendriya Bhandra…