The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Kalyanpur Cements Ltd. initiated by the Operational Creditor, Naresh Kumar & Company Pvt. Ltd. The Adjudicating Authority admitted the application for CIRP on May 1, 2017, and appointed Mr. Divyesh N. Desai as the Resolution Professional. Six resolution plans were received, with Dalmia Cements (Bharat) Ltd. being a prominent applicant. The Committee of Creditors (CoC) shortlisted two plans, including Dalmia Cements' plan.
Naresh Kumar & Company Pvt. Ltd., an operational creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Kalyanpur Cements Ltd. The National Company Law Tribunal (NCLT), Kolkata Bench, admitted the application on May 1, 2017, and appointed Mr. Divyesh N. Desai as the Resolution Professional. Six resolution plans were received, including one from Dalmia Cements (Bharat) Ltd., a major player in the Indian cement industry. The Committee of Creditors (CoC) shortlisted two plans, including Dalmia Cements' plan. The CoC unanimously approved Dalmia Cements' resolution plan on January 22, 2018. The Resolution Professional submitted the plan to the NCLT on January 29, 2018. The NCLT reviewed the plan and found it compliant with the Insolvency and
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The Adjudicating Authority admitted the…
The CoC unanimously approved the resolution…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Kalyanpur Cements Ltd. initiated by the Operational Creditor, Naresh Kumar & Company Pvt. Ltd. The Adjudicating Authority admitted the application for CIRP on May 1, 2017, and appointed Mr. Divyesh N. Desai as the Resolution Professional. Six resolution plans were received, with Dalmia Cements (Bharat) Ltd. being a prominent applicant. The Committee of Creditors (CoC) shortlisted two plans, including Dalmia Cements' plan.
Naresh Kumar & Company Pvt. Ltd., an operational creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Kalyanpur Cements Ltd. The National Company Law Tribunal (NCLT), Kolkata Bench, admitted the application on May 1, 2017, and appointed Mr. Divyesh N. Desai as the Resolution Professional. Six resolution plans were received, including one from Dalmia Cements (Bharat) Ltd., a major player in the Indian cement industry. The Committee of Creditors (CoC) shortlisted two plans, including Dalmia Cements' plan. The CoC unanimously approved Dalmia Cements' resolution plan on January 22, 2018. The Resolution Professional submitted the plan to the NCLT on January 29, 2018. The NCLT reviewed the plan and found it compliant with the Insolvency and
…The Adjudicating Authority admitted the…
The CoC unanimously approved the resolution…