Yes Bank Limited, the financial creditor, filed a petition under Section 7 of the IBC, which was admitted, initiating CIRP against M/s Chadha Super Cars Private Limited.

Mr. Bhupinder Sethi was appointed as the Interim Resolution Professional (IRP) and subsequently as the Resolution Professional (RP).

The Committee of Creditors (CoC) was constituted, comprising ICICI Bank Limited, Yes Bank Limited, and PPG Asian Paints Private Limited.

The RP issued Form G, inviting Expression of Interest (EOI), but no resolution plan was submitted by the only prospective resolution applicant.

The CoC approved the liquidation of the corporate debtor with 87.68% voting share and authorized the RP to file an application for liquidation.

Yes Bank Limited, the financial creditor, filed a petition under Section 7 of the IBC, which was admitted, initiating CIRP against M/s Chadha Super Cars Private Limited.

Mr. Bhupinder Sethi was appointed as the Interim Resolution Professional (IRP) and subsequently as the Resolution Professional (RP).

The Committee of Creditors (CoC) was constituted, comprising ICICI Bank Limited, Yes Bank Limited, and PPG Asian Paints Private Limited.

The RP issued Form G, inviting Expression of Interest (EOI), but no resolution plan was submitted by the only prospective resolution applicant.

The CoC approved the liquidation of the corporate debtor with 87.68% voting share and authorized the RP to file an application for liquidation.