The case involves an application (MA/598/2018) filed in CP/191/(IB)/CB/2018 by the Resolution Professional, Mr. A. Mohan Kumar, under Section 33(1)(a)/34(1) of the Insolvency and Bankruptcy Code, 2016, seeking an order for the liquidation of the Corporate Debtor, M/s. Bharat Medicare Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following an order dated 18.04.2018, after an application under Section 9 of the I&B Code, 2016, was filed by the Operational Creditor, Mr. R. S. Senthil Kumar. The Resolution Professional issued a newspaper publication inviting Expression of Interest (Eol) for resolution plans, but no resolution plan was received.
Mr. R. S. Senthil Kumar, an Operational Creditor, initiated proceedings against M/s. Bharat Medicare Private Limited, the Corporate Debtor, under Section 9 of the I&B Code, 2016. The Corporate Insolvency Resolution Process (CIRP) commenced on 2018-04-18. Mr. A. Mohan Kumar was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional. The Resolution Professional issued a newspaper publication inviting Expression of Interest (Eol) for resolution plans on 2018-10-01 and 2018-10-02, with a deadline of 2018-10-05. The Committee of Creditors (CoC) comprised only the Operational Creditor. The Corporate Debtor's assets consisted of old and partially non-operational medical equipment. The Corporate Debtor was unable to meet its running
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CIRP initiated against…
Resolution Professional published newspaper…
The case involves an application (MA/598/2018) filed in CP/191/(IB)/CB/2018 by the Resolution Professional, Mr. A. Mohan Kumar, under Section 33(1)(a)/34(1) of the Insolvency and Bankruptcy Code, 2016, seeking an order for the liquidation of the Corporate Debtor, M/s. Bharat Medicare Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following an order dated 18.04.2018, after an application under Section 9 of the I&B Code, 2016, was filed by the Operational Creditor, Mr. R. S. Senthil Kumar. The Resolution Professional issued a newspaper publication inviting Expression of Interest (Eol) for resolution plans, but no resolution plan was received.
Mr. R. S. Senthil Kumar, an Operational Creditor, initiated proceedings against M/s. Bharat Medicare Private Limited, the Corporate Debtor, under Section 9 of the I&B Code, 2016. The Corporate Insolvency Resolution Process (CIRP) commenced on 2018-04-18. Mr. A. Mohan Kumar was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional. The Resolution Professional issued a newspaper publication inviting Expression of Interest (Eol) for resolution plans on 2018-10-01 and 2018-10-02, with a deadline of 2018-10-05. The Committee of Creditors (CoC) comprised only the Operational Creditor. The Corporate Debtor's assets consisted of old and partially non-operational medical equipment. The Corporate Debtor was unable to meet its running
…CIRP initiated against…
Resolution Professional published newspaper…