The case pertains to an application under Section 30(6) and Section 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of a resolution plan for AVK Automart Pvt. Ltd., the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated by the NCLT Mumbai Bench on 06.11.2018. Navin Srichand Kanjwani was initially appointed as the Interim Resolution Professional (IRP), later replaced by Rajat Mukherjee. Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) decided to replace the IRP with Rajat Mukherjee. The resolution plan was submitted by Leadadroit Services Pvt. Ltd.
The Corporate Insolvency Resolution Process (CIRP) was initiated against AVK Automart Pvt. Ltd. on 06.11.2018. Navin Srichand Kanjwani was initially appointed as the Interim Resolution Professional (IRP) but was later replaced by Rajat Mukherjee. A public announcement was made on 17.11.2018, inviting claims from creditors. The Committee of Creditors (CoC) decided on 08.01.2019 to replace the IRP with Rajat Mukherjee. The appointment of Rajat Mukherjee as the Resolution Professional (RP) was confirmed on 18.02.2019. The IRP received three claims from financial creditors (Bank of India, Omkara Asset Reconstruction Pvt. Ltd., and ASREC India Ltd.) and one operational creditor (Beli Sharma and Company). The RP issued Form-G on 14.02.2019, inviting expressions of interest
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Corporate Insolvency…
Public announcement…
The case pertains to an application under Section 30(6) and Section 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of a resolution plan for AVK Automart Pvt. Ltd., the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated by the NCLT Mumbai Bench on 06.11.2018. Navin Srichand Kanjwani was initially appointed as the Interim Resolution Professional (IRP), later replaced by Rajat Mukherjee. Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) decided to replace the IRP with Rajat Mukherjee. The resolution plan was submitted by Leadadroit Services Pvt. Ltd.
The Corporate Insolvency Resolution Process (CIRP) was initiated against AVK Automart Pvt. Ltd. on 06.11.2018. Navin Srichand Kanjwani was initially appointed as the Interim Resolution Professional (IRP) but was later replaced by Rajat Mukherjee. A public announcement was made on 17.11.2018, inviting claims from creditors. The Committee of Creditors (CoC) decided on 08.01.2019 to replace the IRP with Rajat Mukherjee. The appointment of Rajat Mukherjee as the Resolution Professional (RP) was confirmed on 18.02.2019. The IRP received three claims from financial creditors (Bank of India, Omkara Asset Reconstruction Pvt. Ltd., and ASREC India Ltd.) and one operational creditor (Beli Sharma and Company). The RP issued Form-G on 14.02.2019, inviting expressions of interest
…Corporate Insolvency…
Public announcement…