The case involves an application filed under Section 12(2) of the Insolvency and Bankruptcy Code, 2016, by the Resolution Professional. The application is based on a resolution passed by the Committee of Creditors (CoC) on April 12, 2019, with 95.82% voting rights, seeking an extension of 90 days for the Corporate Insolvency Resolution Process (CIRP) period.
The Resolution Professional filed an application (MA/423/2019) in CP/714/IB/2018 under Section 12(2) of the Insolvency and Bankruptcy Code, 2016, seeking an extension of 90 days for the Corporate Insolvency Resolution Process (CIRP). The application was based on a resolution passed by the Committee of Creditors (CoC) on April 12, 2019, with 95.82% voting rights in favor of the extension. The court considered the application and the CoC's resolution.
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The Committee of Creditors (CoC) passed a…
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The case involves an application filed under Section 12(2) of the Insolvency and Bankruptcy Code, 2016, by the Resolution Professional. The application is based on a resolution passed by the Committee of Creditors (CoC) on April 12, 2019, with 95.82% voting rights, seeking an extension of 90 days for the Corporate Insolvency Resolution Process (CIRP) period.
The Resolution Professional filed an application (MA/423/2019) in CP/714/IB/2018 under Section 12(2) of the Insolvency and Bankruptcy Code, 2016, seeking an extension of 90 days for the Corporate Insolvency Resolution Process (CIRP). The application was based on a resolution passed by the Committee of Creditors (CoC) on April 12, 2019, with 95.82% voting rights in favor of the extension. The court considered the application and the CoC's resolution.
Filing of the initial…
The Committee of Creditors (CoC) passed a…
Sign in to view related legal provisions.