The case pertains to I.A. No. 3383/2021 filed in IB-2602(ND)/2019 under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 39(4) of IBBI (CIRP) Regulations, regarding the corporate insolvency resolution process (CIRP) of India Stuffyarn Limited. The Resolution Professional (RP), Mr. Mohd Nazim Khan, submitted a resolution plan approved by the Committee of Creditors (CoC). The CIRP was initiated following an application by an operational creditor, and the RP was appointed as the Interim Resolution Professional (IRP). Public announcements were made, and registered valuers and forensic/transaction auditors were appointed. The CoC was constituted, and meetings were held to discuss the resolution plan and related matters.
The Resolution Professional (RP) for India Stuffyarn Limited filed an application (I.A. No. 3383/2021) seeking approval of a Resolution Plan under Section 31(1) of the Insolvency and Bankruptcy Code (IBC). The RP, Mr. Mohd Nazim Khan, submitted the plan after it was approved by the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) was initiated against India Stuffyarn Limited (Corporate Debtor) based on an application by an operational creditor. The RP was appointed as the Interim Resolution Professional (IRP) initially. Public announcements were made to intimate the commencement of CIRP and call for claims. Registered valuers and forensic/transaction auditors were appointed. The CoC was constituted, and meetings were held to discuss the
…Sign in to view the parties.
Order of moratorium…
Public announcement in Financial Express…
The case pertains to I.A. No. 3383/2021 filed in IB-2602(ND)/2019 under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 39(4) of IBBI (CIRP) Regulations, regarding the corporate insolvency resolution process (CIRP) of India Stuffyarn Limited. The Resolution Professional (RP), Mr. Mohd Nazim Khan, submitted a resolution plan approved by the Committee of Creditors (CoC). The CIRP was initiated following an application by an operational creditor, and the RP was appointed as the Interim Resolution Professional (IRP). Public announcements were made, and registered valuers and forensic/transaction auditors were appointed. The CoC was constituted, and meetings were held to discuss the resolution plan and related matters.
The Resolution Professional (RP) for India Stuffyarn Limited filed an application (I.A. No. 3383/2021) seeking approval of a Resolution Plan under Section 31(1) of the Insolvency and Bankruptcy Code (IBC). The RP, Mr. Mohd Nazim Khan, submitted the plan after it was approved by the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) was initiated against India Stuffyarn Limited (Corporate Debtor) based on an application by an operational creditor. The RP was appointed as the Interim Resolution Professional (IRP) initially. Public announcements were made to intimate the commencement of CIRP and call for claims. Registered valuers and forensic/transaction auditors were appointed. The CoC was constituted, and meetings were held to discuss the
…Order of moratorium…
Public announcement in Financial Express…