The case pertains to an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, against M/S. Gee Pee Infotech Private Limited. The State Bank of India initiated the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor.
The State Bank of India (SBI) filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/S. Gee Pee Infotech Private Limited. The petition was admitted on August 2, 2019, and a moratorium was ordered. Mr. Binay Kumar Singhania was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors, with a deadline of August 20, 2019. The IRP submitted progress reports, and the appointment of IRP as RP was confirmed by the Committee of Creditors (COC) on September 3, 2019. The RP appointed two registered valuers for the valuation of financial assets. The COC decided to defer the publication of Form G due to the low likelihood
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The petition was admitted, and the Corporate…
A moratorium was ordered as per the provisions…
The case pertains to an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, against M/S. Gee Pee Infotech Private Limited. The State Bank of India initiated the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor.
The State Bank of India (SBI) filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/S. Gee Pee Infotech Private Limited. The petition was admitted on August 2, 2019, and a moratorium was ordered. Mr. Binay Kumar Singhania was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors, with a deadline of August 20, 2019. The IRP submitted progress reports, and the appointment of IRP as RP was confirmed by the Committee of Creditors (COC) on September 3, 2019. The RP appointed two registered valuers for the valuation of financial assets. The COC decided to defer the publication of Form G due to the low likelihood
…The petition was admitted, and the Corporate…
A moratorium was ordered as per the provisions…