The case involves an application (MA/364/2019) within the context of a corporate insolvency resolution process (CP/1307/IB/2018). The Interim Resolution Professional (IRP) has presented a resolution from the Committee of Creditors to continue the IRP as the Resolution Professional (RP).
The Interim Resolution Professional (IRP) presented a resolution from the Committee of Creditors to the NCLT Chennai bench. The resolution proposed the continuation of the IRP as the Resolution Professional (RP) for the Corporate Debtor, Jeypore Sugars Company Ltd. This resolution was communicated to the bench under Section 22(3)(a) of the Insolvency & Bankruptcy Code. The NCLT bench considered this application and the fact that the IRP was continuing as RP.
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Hearing of the Chennai…
The case involves an application (MA/364/2019) within the context of a corporate insolvency resolution process (CP/1307/IB/2018). The Interim Resolution Professional (IRP) has presented a resolution from the Committee of Creditors to continue the IRP as the Resolution Professional (RP).
The Interim Resolution Professional (IRP) presented a resolution from the Committee of Creditors to the NCLT Chennai bench. The resolution proposed the continuation of the IRP as the Resolution Professional (RP) for the Corporate Debtor, Jeypore Sugars Company Ltd. This resolution was communicated to the bench under Section 22(3)(a) of the Insolvency & Bankruptcy Code. The NCLT bench considered this application and the fact that the IRP was continuing as RP.
Hearing of the Chennai…