The Resolution Professional filed applications (CA No. 95 of 2019 and CA No. 96 of 2019) seeking penal action against the respondents, including the Ex-Directors and Statutory Auditors of the Corporate Debtor, based on findings of financial irregularities and misappropriations identified in a forensic audit report.
M/s. Omni Media Communications Pvt. Ltd., an operational creditor, initiated corporate insolvency resolution process (CIRP) against M/s. Jay Polychem India Ltd. The Adjudicating Authority triggered the CIRP on April 13, 2018, and appointed Mr. Rajiv as Interim Resolution Professional. Subsequently, Mr. Ram Ratan Kanungo was appointed as Resolution Professional (RP) on July 25, 2018, following a resolution by the Committee of Creditors.
…The Adjudicating Authority triggered the…
Mr. Ram Ratan Kanungo was appointed as…
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The Resolution Professional filed applications (CA No. 95 of 2019 and CA No. 96 of 2019) seeking penal action against the respondents, including the Ex-Directors and Statutory Auditors of the Corporate Debtor, based on findings of financial irregularities and misappropriations identified in a forensic audit report.
M/s. Omni Media Communications Pvt. Ltd., an operational creditor, initiated corporate insolvency resolution process (CIRP) against M/s. Jay Polychem India Ltd. The Adjudicating Authority triggered the CIRP on April 13, 2018, and appointed Mr. Rajiv as Interim Resolution Professional. Subsequently, Mr. Ram Ratan Kanungo was appointed as Resolution Professional (RP) on July 25, 2018, following a resolution by the Committee of Creditors.
…The Adjudicating Authority triggered the…
Mr. Ram Ratan Kanungo was appointed as…
Sign in to view related legal provisions.