The case originated from an application filed by Mr. Gautam Singal, the Resolution Professional of Edge Brand Architects (India) Private Limited, seeking the liquidation of the corporate debtor under Section 33(1)(a) read with Section 33(2) of the Insolvency and Bankruptcy Code, 2016 and Rule 11 of NCLT Rules, 2016. The Corporate Insolvency Resolution Process (CIRP) for Edge Brand Architects (India) Private Limited was initiated on May 9, 2023, following a petition filed under Section 10 of the IBC, 2016. Mr. Laxmikant Yeshwant Desai was initially appointed as the Interim Resolution Professional (IRP).
…The Corporate Insolvency Resolution Process (CIRP) for M/s. EDGE Brand Architects (India) Private Limited was initiated by an order dated May 9, 2023, following a petition filed under Section 10 of the IBC, 2016. Mr. Laxmikant Yeshwant Desai was initially appointed as the Interim Resolution Professional (IRP) to oversee the initial stages of the insolvency proceedings.
In the first Committee of Creditors (CoC) meeting held on June 19, 2023, the CoC decided to replace the IRP, and Mr. Pramodkumar Ramesh Ladda was appointed as the Resolution Professional (RP). Subsequently, Form-G was issued on July 24, 2023, and duly published in newspapers to invite Expressions of Interest (EOIs) from prospective resolution applicants.
…The Corporate Insolvency Resolution Process…
In the 1st CoC meeting, Mr. Pramodkumar…
The case originated from an application filed by Mr. Gautam Singal, the Resolution Professional of Edge Brand Architects (India) Private Limited, seeking the liquidation of the corporate debtor under Section 33(1)(a) read with Section 33(2) of the Insolvency and Bankruptcy Code, 2016 and Rule 11 of NCLT Rules, 2016. The Corporate Insolvency Resolution Process (CIRP) for Edge Brand Architects (India) Private Limited was initiated on May 9, 2023, following a petition filed under Section 10 of the IBC, 2016. Mr. Laxmikant Yeshwant Desai was initially appointed as the Interim Resolution Professional (IRP).
…The Corporate Insolvency Resolution Process (CIRP) for M/s. EDGE Brand Architects (India) Private Limited was initiated by an order dated May 9, 2023, following a petition filed under Section 10 of the IBC, 2016. Mr. Laxmikant Yeshwant Desai was initially appointed as the Interim Resolution Professional (IRP) to oversee the initial stages of the insolvency proceedings.
In the first Committee of Creditors (CoC) meeting held on June 19, 2023, the CoC decided to replace the IRP, and Mr. Pramodkumar Ramesh Ladda was appointed as the Resolution Professional (RP). Subsequently, Form-G was issued on July 24, 2023, and duly published in newspapers to invite Expressions of Interest (EOIs) from prospective resolution applicants.
…The Corporate Insolvency Resolution Process…
In the 1st CoC meeting, Mr. Pramodkumar…