The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by Gullivers Travel Associates, an operational creditor, against Fore Representations & Travels Pvt. Ltd., the corporate debtor. The Adjudicating Authority admitted the petition on 23.12.2021 and initiated the Corporate Insolvency Resolution Process (CIRP). An Interim Resolution Professional (IRP) was appointed, but he 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). However, Mr. Khandelwal expressed his inability to act as the IRP due to ineligibility. The matter was brought before the court on 07.01.2022 for clarification. The operational creditor's counsel requested the Tribunal to appoint an IRP from the list provided by the IBBI. Consequently, Mr. Rajesh Ramnani was appointed as the
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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, an operational creditor, against Fore Representations & Travels Pvt. Ltd., the corporate debtor. The Adjudicating Authority admitted the petition on 23.12.2021 and initiated the Corporate Insolvency Resolution Process (CIRP). An Interim Resolution Professional (IRP) was appointed, but he 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). However, Mr. Khandelwal expressed his inability to act as the IRP due to ineligibility. The matter was brought before the court on 07.01.2022 for clarification. The operational creditor's counsel requested the Tribunal to appoint an IRP from the list provided by the IBBI. Consequently, Mr. Rajesh Ramnani was appointed as the
…The Adjudicating Authority admitted the…
Mr. Mahender Kumar…