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. submitting one of them. 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 Adjudicating Authority 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. The Committee of Creditors (CoC) shortlisted two plans, including the one from Dalmia Cements. The CoC unanimously approved the resolution plan submitted by Dalmia Cements in a meeting held on January 22, 2018. The Resolution Professional submitted the plan to the Adjudicating Authority on January 29, 2018. The Adjudicating Authority approved the resolution plan on January 31, 2018, finding it compliant
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Adjudicating Authority admitted the…
The 10th CoC meeting was convened, and the CoC…
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. submitting one of them. 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 Adjudicating Authority 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. The Committee of Creditors (CoC) shortlisted two plans, including the one from Dalmia Cements. The CoC unanimously approved the resolution plan submitted by Dalmia Cements in a meeting held on January 22, 2018. The Resolution Professional submitted the plan to the Adjudicating Authority on January 29, 2018. The Adjudicating Authority approved the resolution plan on January 31, 2018, finding it compliant
…Adjudicating Authority admitted the…
The 10th CoC meeting was convened, and the CoC…