The case involves MA/854/2019 filed in CP/1211/IB/2018 under Section 33(1)(a), 33(2) & 34(1) of the Insolvency and Bankruptcy Code, 2016. The application was filed by the Resolution Professional, Mr. Mahalingam Suresh Kumar, seeking liquidation of the Corporate Debtor, M/s. Gold King Tex India Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated earlier based on an application under Section 9 of the I&B Code, 2016, filed by the Operational Creditor, M/s. GHCL Limited. The CIRP was initiated on 25.01.2019, and Mr. C. Ramasubramaniam was appointed as the Interim Resolution Professional (IRP).
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Gold King Tex India Private Limited based on an application filed by M/s. GHCL Limited under Section 9 of the I&B Code, 2016. The CIRP commenced on 2019-01-25. Mr. C. Ramasubramaniam was appointed as the Interim Resolution Professional (IRP). The IRP took over the management of the Corporate Debtor and issued a newspaper publication inviting claims from creditors. The IRP constituted a Committee of Creditors (CoC). The CoC recommended the appointment of valuers and later appointed Mr. Mahalingam Suresh Kumar as the Resolution Professional, replacing the IRP. The Resolution Professional invited Expression of Interest (Eol) for resolution plans, but no resolution plan was received. The
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CIRP initiated against the Corporate Debtor…
IRP issued newspaper…
The case involves MA/854/2019 filed in CP/1211/IB/2018 under Section 33(1)(a), 33(2) & 34(1) of the Insolvency and Bankruptcy Code, 2016. The application was filed by the Resolution Professional, Mr. Mahalingam Suresh Kumar, seeking liquidation of the Corporate Debtor, M/s. Gold King Tex India Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated earlier based on an application under Section 9 of the I&B Code, 2016, filed by the Operational Creditor, M/s. GHCL Limited. The CIRP was initiated on 25.01.2019, and Mr. C. Ramasubramaniam was appointed as the Interim Resolution Professional (IRP).
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Gold King Tex India Private Limited based on an application filed by M/s. GHCL Limited under Section 9 of the I&B Code, 2016. The CIRP commenced on 2019-01-25. Mr. C. Ramasubramaniam was appointed as the Interim Resolution Professional (IRP). The IRP took over the management of the Corporate Debtor and issued a newspaper publication inviting claims from creditors. The IRP constituted a Committee of Creditors (CoC). The CoC recommended the appointment of valuers and later appointed Mr. Mahalingam Suresh Kumar as the Resolution Professional, replacing the IRP. The Resolution Professional invited Expression of Interest (Eol) for resolution plans, but no resolution plan was received. The
…CIRP initiated against the Corporate Debtor…
IRP issued newspaper…