SREI Infrastructure Finance Limited filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Confident Solar Private Limited. The application was admitted, and an Interim Resolution Professional (IRP) was appointed. The IRP continued with the CIRP process, and his name was approved by the Committee of Creditors (CoC).
SREI Infrastructure Finance Limited, the Financial Creditor, initiated CIRP against Confident Solar Private Limited, the Corporate Debtor, under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on January 5, 2018, and Mr. Rakesh Kumar Agarwal was appointed as the Interim Resolution Professional (IRP). The IRP's appointment was approved by the Committee of Creditors (CoC). Despite efforts to find a resolution applicant, including newspaper advertisements, no one came forward to take over the Corporate Debtor's assets. The CIRP period of 180 days expired on July 3, 2018. The CoC unanimously decided on June 21, 2018, not to proceed further with the CIRP and requested liquidation. The last publication regarding the submission of
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The application for…
The Committee of Creditors (CoC) approved the…
SREI Infrastructure Finance Limited filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Confident Solar Private Limited. The application was admitted, and an Interim Resolution Professional (IRP) was appointed. The IRP continued with the CIRP process, and his name was approved by the Committee of Creditors (CoC).
SREI Infrastructure Finance Limited, the Financial Creditor, initiated CIRP against Confident Solar Private Limited, the Corporate Debtor, under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on January 5, 2018, and Mr. Rakesh Kumar Agarwal was appointed as the Interim Resolution Professional (IRP). The IRP's appointment was approved by the Committee of Creditors (CoC). Despite efforts to find a resolution applicant, including newspaper advertisements, no one came forward to take over the Corporate Debtor's assets. The CIRP period of 180 days expired on July 3, 2018. The CoC unanimously decided on June 21, 2018, not to proceed further with the CIRP and requested liquidation. The last publication regarding the submission of
…The application for…
The Committee of Creditors (CoC) approved the…