The case pertains to IA-3697/2021 filed in CP (IB) – 921/ND/2020, concerning Gem Batteries Pvt. Ltd. The Corporate Insolvency Resolution Process (CIRP) was initiated following the admission of CP (IB) – 921/ND/2020 on 01.12.2020. Mr. Chandra Prakash was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was formed, initially with two financial creditors, later reconstituted with one more. The CoC confirmed the appointment of the Applicant as Resolution Professional (RP), pending confirmation by the Adjudicating Authority. The applicant convened CoC meetings to discuss the Expression of Interest (EOI) and Form G. The CIRP date was extended till 18.08.2021. The CoC
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Gem Batteries Pvt. Ltd. after the admission of CP (IB) – 921/ND/2020 on 01.12.2020. Mr. Chandra Prakash was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was formed, initially with two financial creditors, and later reconstituted with one additional financial creditor. The CoC confirmed the appointment of Mr. Chandra Prakash as the Resolution Professional (RP). The 3rd CoC meeting was convened on 17.02.2021 to present the draft Expression of Interest (EOI) and Form G. The 4th CoC meeting on 22.04.2021 discussed the EOI submitted by the erstwhile promoter. The financial creditor RBL Bank
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CP (IB) – 921/ND/2020 was admitted by the…
Mr. Chandra Prakash was…
The case pertains to IA-3697/2021 filed in CP (IB) – 921/ND/2020, concerning Gem Batteries Pvt. Ltd. The Corporate Insolvency Resolution Process (CIRP) was initiated following the admission of CP (IB) – 921/ND/2020 on 01.12.2020. Mr. Chandra Prakash was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was formed, initially with two financial creditors, later reconstituted with one more. The CoC confirmed the appointment of the Applicant as Resolution Professional (RP), pending confirmation by the Adjudicating Authority. The applicant convened CoC meetings to discuss the Expression of Interest (EOI) and Form G. The CIRP date was extended till 18.08.2021. The CoC
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Gem Batteries Pvt. Ltd. after the admission of CP (IB) – 921/ND/2020 on 01.12.2020. Mr. Chandra Prakash was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was formed, initially with two financial creditors, and later reconstituted with one additional financial creditor. The CoC confirmed the appointment of Mr. Chandra Prakash as the Resolution Professional (RP). The 3rd CoC meeting was convened on 17.02.2021 to present the draft Expression of Interest (EOI) and Form G. The 4th CoC meeting on 22.04.2021 discussed the EOI submitted by the erstwhile promoter. The financial creditor RBL Bank
…CP (IB) – 921/ND/2020 was admitted by the…
Mr. Chandra Prakash was…