The case pertains to MA 349/2018 filed in CP No.(IB) 716(MB)/2017 before the National Company Law Tribunal, Mumbai Bench. The application was filed by the Resolution Professional under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan for Ellora Paper Mills Ltd. The Corporate Debtor was put under Insolvency Resolution Process by an order dated 19.7.2017. Mr. Mohan Ram Goenka was initially appointed as Interim Resolution Professional (IRP), but was later replaced by Mr. Ranjeet Dnyanchand Jain. The Committee of Creditors (CoC) approved the Resolution Plan with 100% voting share.
Ajitnath Steels Pvt Ltd initiated a Corporate Insolvency Resolution Process (CIRP) against Ellora Paper Mills Ltd. Mr. Mohan Ram Goenka was initially appointed as the Interim Resolution Professional (IRP) but was later replaced by Mr. Ranjeet Dnyanchand Jain. The IRP made a public announcement inviting creditors to submit their claims. Some financial creditors, namely Lakhotia Traders Pvt Ltd and Vidhani's Tradelink Pvt Ltd, initially submitted claims, but later withdrew them as financial creditors and resubmitted as operational creditors. Two resolution applicants, Mr. Sudhir Goenka and Shri Kailash Aggarwal, submitted resolution plans. The CoC approved the resolution plan of Mr. Sudhir Goenka with 100% vote share. The resolution plan proposed payments to various
…Sign in to view the parties.
Ellora Paper Mills Ltd was put under…
Mr. Mohan Ram Goenka…
The case pertains to MA 349/2018 filed in CP No.(IB) 716(MB)/2017 before the National Company Law Tribunal, Mumbai Bench. The application was filed by the Resolution Professional under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan for Ellora Paper Mills Ltd. The Corporate Debtor was put under Insolvency Resolution Process by an order dated 19.7.2017. Mr. Mohan Ram Goenka was initially appointed as Interim Resolution Professional (IRP), but was later replaced by Mr. Ranjeet Dnyanchand Jain. The Committee of Creditors (CoC) approved the Resolution Plan with 100% voting share.
Ajitnath Steels Pvt Ltd initiated a Corporate Insolvency Resolution Process (CIRP) against Ellora Paper Mills Ltd. Mr. Mohan Ram Goenka was initially appointed as the Interim Resolution Professional (IRP) but was later replaced by Mr. Ranjeet Dnyanchand Jain. The IRP made a public announcement inviting creditors to submit their claims. Some financial creditors, namely Lakhotia Traders Pvt Ltd and Vidhani's Tradelink Pvt Ltd, initially submitted claims, but later withdrew them as financial creditors and resubmitted as operational creditors. Two resolution applicants, Mr. Sudhir Goenka and Shri Kailash Aggarwal, submitted resolution plans. The CoC approved the resolution plan of Mr. Sudhir Goenka with 100% vote share. The resolution plan proposed payments to various
…Ellora Paper Mills Ltd was put under…
Mr. Mohan Ram Goenka…