The case involves an application for the extension of the Corporate Insolvency Resolution Process (CIRP) period and other applications related to the insolvency proceedings of Bulland Buildtech Pvt. Ltd. Canara Bank is the applicant/petitioner, and Bulland Buildtech Pvt. Ltd. is the respondent. The ex-IRP has submitted that he would abide by the orders of the Court and is prepared to receive a consolidated fee of Rs. 2 Lakh per month for the service rendered by him from 22.03.2021 to 30.06.2021.
Canara Bank initiated insolvency proceedings against Bulland Buildtech Pvt. Ltd. under Section 7 of the IBC, 2016. An application (IA-5089/2021) was filed to extend the CIRP period by 90 days from 31.10.2021, which the court allowed. The ex-IRP stated his willingness to abide by the court's orders and receive a consolidated fee of Rs. 2 Lakh per month for services rendered from 22.03.2021 to 30.06.2021 (IA-2825/2021). Notice was issued to the respondents (IA-4998/2021), requiring them to file an affidavit of service. The matter was listed for further hearing on December 13, 2021 (IA-3174/2021).
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Order delive…
Application filed for…
The case involves an application for the extension of the Corporate Insolvency Resolution Process (CIRP) period and other applications related to the insolvency proceedings of Bulland Buildtech Pvt. Ltd. Canara Bank is the applicant/petitioner, and Bulland Buildtech Pvt. Ltd. is the respondent. The ex-IRP has submitted that he would abide by the orders of the Court and is prepared to receive a consolidated fee of Rs. 2 Lakh per month for the service rendered by him from 22.03.2021 to 30.06.2021.
Canara Bank initiated insolvency proceedings against Bulland Buildtech Pvt. Ltd. under Section 7 of the IBC, 2016. An application (IA-5089/2021) was filed to extend the CIRP period by 90 days from 31.10.2021, which the court allowed. The ex-IRP stated his willingness to abide by the court's orders and receive a consolidated fee of Rs. 2 Lakh per month for services rendered from 22.03.2021 to 30.06.2021 (IA-2825/2021). Notice was issued to the respondents (IA-4998/2021), requiring them to file an affidavit of service. The matter was listed for further hearing on December 13, 2021 (IA-3174/2021).
Order delive…
Application filed for…