The case involves an application filed by the Resolution Professional (RP) seeking the liquidation of the Corporate Debtor, Dulichand Auto Sales Private Limited, because no resolution plan was received during the Corporate Insolvency Resolution Process (CIRP) period, and the Committee of Creditors (CoC) approved liquidation.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against Dulichand Auto Sales Private Limited, the Corporate Debtor, on November 18, 2021, following a petition filed by Vinod Distributors Private Limited, a financial creditor, under section 7 of the Insolvency and Bankruptcy Code, 2016. Mr. Jai Narayan Gupta was appointed as the Interim Resolution Professional (IRP).
…Adjudicating Authority ordered the initiation…
The first Committee of Creditors (CoC)…
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The case involves an application filed by the Resolution Professional (RP) seeking the liquidation of the Corporate Debtor, Dulichand Auto Sales Private Limited, because no resolution plan was received during the Corporate Insolvency Resolution Process (CIRP) period, and the Committee of Creditors (CoC) approved liquidation.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against Dulichand Auto Sales Private Limited, the Corporate Debtor, on November 18, 2021, following a petition filed by Vinod Distributors Private Limited, a financial creditor, under section 7 of the Insolvency and Bankruptcy Code, 2016. Mr. Jai Narayan Gupta was appointed as the Interim Resolution Professional (IRP).
…Adjudicating Authority ordered the initiation…
The first Committee of Creditors (CoC)…
Sign in to view related legal provisions.