The case pertains to an application (I.A. No. 298/2020) filed in connection with a Corporate Insolvency Resolution Process (CIRP) initiated against M/s. Bluewater Foods & Exports Private Limited. The CIRP was initiated based on an application (C.P. (IB)No.122/BB/2020) filed under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. The Interim Resolution Professional (IRP), Pankaj Srivastava, filed the application seeking the appointment of Shivadutt Bannanje as the Resolution Professional (RP). The Committee of Creditors (COC) had resolved to appoint Shivadutt Bannanje in their meeting held on July 27, 2020.
M/s. Bluewater Foods and Exports Private Limited faced a Corporate Insolvency Resolution Process (CIRP) initiated via C.P. (IB)No.122/BB/2020 under Section 10 of the IBC, 2016. The application was admitted on June 10, 2020, leading to the appointment of Pankaj Srivastava as the Interim Resolution Professional (IRP) and the imposition of a moratorium. The IRP made public announcements in newspapers and on the company's website. The Committee of Creditors (COC) convened, and in a meeting on July 27, 2020, resolved to appoint Shivadutt Bannanje as the Resolution Professional (RP). HDFC Bank Limited, holding 99.41% of the voting rights in the COC, proposed Shivadutt Bannanje's name. Shivadutt Bannanje also provided a written communication declaring his eligibility and
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The case pertains to an application (I.A. No. 298/2020) filed in connection with a Corporate Insolvency Resolution Process (CIRP) initiated against M/s. Bluewater Foods & Exports Private Limited. The CIRP was initiated based on an application (C.P. (IB)No.122/BB/2020) filed under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. The Interim Resolution Professional (IRP), Pankaj Srivastava, filed the application seeking the appointment of Shivadutt Bannanje as the Resolution Professional (RP). The Committee of Creditors (COC) had resolved to appoint Shivadutt Bannanje in their meeting held on July 27, 2020.
M/s. Bluewater Foods and Exports Private Limited faced a Corporate Insolvency Resolution Process (CIRP) initiated via C.P. (IB)No.122/BB/2020 under Section 10 of the IBC, 2016. The application was admitted on June 10, 2020, leading to the appointment of Pankaj Srivastava as the Interim Resolution Professional (IRP) and the imposition of a moratorium. The IRP made public announcements in newspapers and on the company's website. The Committee of Creditors (COC) convened, and in a meeting on July 27, 2020, resolved to appoint Shivadutt Bannanje as the Resolution Professional (RP). HDFC Bank Limited, holding 99.41% of the voting rights in the COC, proposed Shivadutt Bannanje's name. Shivadutt Bannanje also provided a written communication declaring his eligibility and
…The Adjudicating Authority admitted the…
The IRP made a public announcement in…