The case involves an application filed by the Resolution Professional (RP) seeking liquidation of the Corporate Debtor, Earth Mover Consultancy Private Limited. The Committee of Creditors (CoC) had passed a resolution with 100% voting share for liquidation before inviting Expression of Interest from prospective resolution applicants. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following a petition filed by Tata Hitachi Construction Machinery Company Private Limited, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority had appointed an Interim Resolution Professional (IRP), who was later confirmed as the Resolution Professional.
Tata Hitachi Construction Machinery Company Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against Earth Mover Consultancy Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority admitted the petition and appointed an Interim Resolution Professional (IRP). The IRP made a public announcement as per Section 15 of the Code. The IRP was later confirmed as the Resolution Professional (RP). The Committee of Creditors (CoC) was constituted, and meetings were held. In the 3rd CoC meeting held on 31/01/2020, a resolution was passed with 100% voting share for liquidation of the Corporate Debtor before inviting Expression of Interest from prospective resolution applicants. The RP then filed an application
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Adjudicating Authority directed initiation of…
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The case involves an application filed by the Resolution Professional (RP) seeking liquidation of the Corporate Debtor, Earth Mover Consultancy Private Limited. The Committee of Creditors (CoC) had passed a resolution with 100% voting share for liquidation before inviting Expression of Interest from prospective resolution applicants. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following a petition filed by Tata Hitachi Construction Machinery Company Private Limited, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority had appointed an Interim Resolution Professional (IRP), who was later confirmed as the Resolution Professional.
Tata Hitachi Construction Machinery Company Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against Earth Mover Consultancy Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority admitted the petition and appointed an Interim Resolution Professional (IRP). The IRP made a public announcement as per Section 15 of the Code. The IRP was later confirmed as the Resolution Professional (RP). The Committee of Creditors (CoC) was constituted, and meetings were held. In the 3rd CoC meeting held on 31/01/2020, a resolution was passed with 100% voting share for liquidation of the Corporate Debtor before inviting Expression of Interest from prospective resolution applicants. The RP then filed an application
…Adjudicating Authority directed initiation of…
Public announcement in…