The case pertains to an application filed under section 33(1)(a) of the Insolvency & Bankruptcy Code, 2016, seeking liquidation of Indradev Goods Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor based on a petition filed by Hytone Merchants Private Limited under section 7 of the Code. Mr. Uday Narayan Mitra was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). Public announcement was made, and a Committee of Creditors (CoC) was constituted. Despite efforts, no resolution plan was received.
Hytone Merchants Private Limited, a financial creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Indradev Goods Private Limited, the corporate debtor. The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) on 2021-01-08 and appointed Mr. Uday Narayan Mitra as the Interim Resolution Professional (IRP), who was later appointed as the Resolution Professional (RP). A public announcement was made on 2021-01-11, with a deadline of 2021-01-22 for submitting claims. The Committee of Creditors (CoC) was formed, and its first meeting was held on 2021-02-08, confirming the IRP as the RP. Despite publishing Form G for Expression of Interest (EOI) on 2021-03-24 and re-publishing it on 2021-06-05, no EOIs
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Adjudicating Authority initiated Corporate…
Public announce…
The case pertains to an application filed under section 33(1)(a) of the Insolvency & Bankruptcy Code, 2016, seeking liquidation of Indradev Goods Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor based on a petition filed by Hytone Merchants Private Limited under section 7 of the Code. Mr. Uday Narayan Mitra was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). Public announcement was made, and a Committee of Creditors (CoC) was constituted. Despite efforts, no resolution plan was received.
Hytone Merchants Private Limited, a financial creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Indradev Goods Private Limited, the corporate debtor. The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) on 2021-01-08 and appointed Mr. Uday Narayan Mitra as the Interim Resolution Professional (IRP), who was later appointed as the Resolution Professional (RP). A public announcement was made on 2021-01-11, with a deadline of 2021-01-22 for submitting claims. The Committee of Creditors (CoC) was formed, and its first meeting was held on 2021-02-08, confirming the IRP as the RP. Despite publishing Form G for Expression of Interest (EOI) on 2021-03-24 and re-publishing it on 2021-06-05, no EOIs
…Adjudicating Authority initiated Corporate…
Public announce…