The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by Gullivers Travel Associates (Operational Creditor) against Fore Representations & Travels Pvt. Ltd. (Corporate Debtor). The Adjudicating Authority admitted the petition on 23.12.2021 and initiated the Corporate Insolvency Resolution Process (CIRP). Mr. Mahender Kumar Khandelwal was initially appointed as the Interim Resolution Professional (IRP) but expressed his inability to act due to ineligibility.
Gullivers Travel Associates, an Operational Creditor, filed a petition (IB-922/ND/2020) under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Fore Representations & Travels Pvt. Ltd., the Corporate Debtor. The Adjudicating Authority admitted the petition on 23.12.2021, initiating the Corporate Insolvency Resolution Process (CIRP). Mr. Mahender Kumar Khandelwal was initially appointed as the Interim Resolution Professional (IRP), but he expressed his inability to act due to ineligibility. The matter was then put up for clarification on 07.01.2022. The Operational Creditor's counsel preferred that the Tribunal appoint a new IRP from the list provided by the IBBI. Consequently, Mr. Rajesh Ramnani was appointed as the new IRP. The applicant is directed
…Sign in to view the parties.
The Adjudicating Authority admitted the…
Mr. Mahender Kumar…
The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by Gullivers Travel Associates (Operational Creditor) against Fore Representations & Travels Pvt. Ltd. (Corporate Debtor). The Adjudicating Authority admitted the petition on 23.12.2021 and initiated the Corporate Insolvency Resolution Process (CIRP). Mr. Mahender Kumar Khandelwal was initially appointed as the Interim Resolution Professional (IRP) but expressed his inability to act due to ineligibility.
Gullivers Travel Associates, an Operational Creditor, filed a petition (IB-922/ND/2020) under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Fore Representations & Travels Pvt. Ltd., the Corporate Debtor. The Adjudicating Authority admitted the petition on 23.12.2021, initiating the Corporate Insolvency Resolution Process (CIRP). Mr. Mahender Kumar Khandelwal was initially appointed as the Interim Resolution Professional (IRP), but he expressed his inability to act due to ineligibility. The matter was then put up for clarification on 07.01.2022. The Operational Creditor's counsel preferred that the Tribunal appoint a new IRP from the list provided by the IBBI. Consequently, Mr. Rajesh Ramnani was appointed as the new IRP. The applicant is directed
…The Adjudicating Authority admitted the…
Mr. Mahender Kumar…