The case involves an application filed for the appointment of a Resolution Professional (RP) under the Insolvency and Bankruptcy Code. The earlier RP, Mr. Sandeep Kumar Gupta, passed away on 01.06.2020. The appointment of a new RP is based on the CoC resolution dated 29.07.2020 and the consent form given by the proposed RP.
Indian Overseas Bank filed an application under Section 7 of the Insolvency and Bankruptcy Code against M/s. JMD Oils Pvt. Ltd. for initiating the Corporate Insolvency Resolution Process (CIRP). The original Resolution Professional (RP), Mr. Sandeep Kumar Gupta, passed away on 01.06.2020. A resolution was passed by the Committee of Creditors (CoC) on 29.07.2020 to appoint a new RP. Ms. Shalu Khanna, an Insolvency Professional with registration number IBBI/IPA-001/IPP00917/2017-2018/11523, provided her consent to act as the RP. The application before the NCLT was to formally appoint Ms. Khanna as the RP.
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The earlier Resolution…
The Committee of Creditors (CoC) passed a…
The case involves an application filed for the appointment of a Resolution Professional (RP) under the Insolvency and Bankruptcy Code. The earlier RP, Mr. Sandeep Kumar Gupta, passed away on 01.06.2020. The appointment of a new RP is based on the CoC resolution dated 29.07.2020 and the consent form given by the proposed RP.
Indian Overseas Bank filed an application under Section 7 of the Insolvency and Bankruptcy Code against M/s. JMD Oils Pvt. Ltd. for initiating the Corporate Insolvency Resolution Process (CIRP). The original Resolution Professional (RP), Mr. Sandeep Kumar Gupta, passed away on 01.06.2020. A resolution was passed by the Committee of Creditors (CoC) on 29.07.2020 to appoint a new RP. Ms. Shalu Khanna, an Insolvency Professional with registration number IBBI/IPA-001/IPP00917/2017-2018/11523, provided her consent to act as the RP. The application before the NCLT was to formally appoint Ms. Khanna as the RP.
The earlier Resolution…
The Committee of Creditors (CoC) passed a…