The case involves an application preferred by the Resolution Professional of the Corporate Debtor, J.D. Aneja Edibles Private Limited, for approval of a resolution plan under Section 30(6) and Section 31 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP was initiated based on a petition filed by the Financial Creditors. An Interim Resolution Professional (IRP), Mr. Madhusudan Sharma, was appointed. The Corporate Debtor was managed by Mr. Rahul Aneja, Mrs. Ruchika Aneja, and Mr. Pawan Aneja. The IRP received six claims from Financial Creditors and three claims from Operational Creditors. The IRP constituted a Committee of Creditors (CoC) with Oriental Bank of Commerce (OBC) as the sole member with 100% voting share. The CoC appointed the IRP as the Resolution
…The Corporate Debtor, J.D. Aneja Edibles Private Limited, underwent Corporate Insolvency Resolution Process (CIRP) initiated by Financial Creditors. Mr. Madhusudan Sharma was appointed as the Interim Resolution Professional (IRP). The IRP received claims from Financial and Operational Creditors. The Committee of Creditors (CoC) was formed with Oriental Bank of Commerce (OBC) as the sole member. The CoC appointed the IRP as the Resolution Professional (RP). Three Expressions of Interest (EOIs) were received from prospective Resolution Applicants, including Rahul Aneja and Pradeep Kumar Dawra Consortium, Rahul and Ruchika Consortium, and Sukh Shanti Estates Pvt. Ltd. The EOI of Sukh Shanti Estates Pvt. Ltd. was rejected. The CoC approved a resolution plan submitted by
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Petition filed by the…
The case involves an application preferred by the Resolution Professional of the Corporate Debtor, J.D. Aneja Edibles Private Limited, for approval of a resolution plan under Section 30(6) and Section 31 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP was initiated based on a petition filed by the Financial Creditors. An Interim Resolution Professional (IRP), Mr. Madhusudan Sharma, was appointed. The Corporate Debtor was managed by Mr. Rahul Aneja, Mrs. Ruchika Aneja, and Mr. Pawan Aneja. The IRP received six claims from Financial Creditors and three claims from Operational Creditors. The IRP constituted a Committee of Creditors (CoC) with Oriental Bank of Commerce (OBC) as the sole member with 100% voting share. The CoC appointed the IRP as the Resolution
…The Corporate Debtor, J.D. Aneja Edibles Private Limited, underwent Corporate Insolvency Resolution Process (CIRP) initiated by Financial Creditors. Mr. Madhusudan Sharma was appointed as the Interim Resolution Professional (IRP). The IRP received claims from Financial and Operational Creditors. The Committee of Creditors (CoC) was formed with Oriental Bank of Commerce (OBC) as the sole member. The CoC appointed the IRP as the Resolution Professional (RP). Three Expressions of Interest (EOIs) were received from prospective Resolution Applicants, including Rahul Aneja and Pradeep Kumar Dawra Consortium, Rahul and Ruchika Consortium, and Sukh Shanti Estates Pvt. Ltd. The EOI of Sukh Shanti Estates Pvt. Ltd. was rejected. The CoC approved a resolution plan submitted by
…Filing of IB…
Petition filed by the…