The case involves an application (IA No. 228/JPR/2020) filed by the Resolution Professional (RP) for M/s Kishori Lal Sudesh Kumar Metals Private Limited ('Corporate Debtor') under Section 33 of the Insolvency and Bankruptcy Code, 2016 ('IBC' / 'Code') for initiation of liquidation proceedings against the Corporate Debtor. An earlier application under Section 7 of the Code, filed by the Financial Creditor, Mr. Raghav Aggarwal, had been admitted, leading to the initiation of the Corporate Insolvency Resolution Process (CIRP) and the appointment of Mr. Hansraj Mutreja as Interim Resolution Professional (IRP). The Committee of Creditors (CoC) was constituted, and they resolved to appoint Mr. Hansraj Mutreja as the RP. The CoC decided to liquidate the Corporate Debtor
…Raghav Aggarwal, a financial creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s Kishori Lal Sudesh Kumar Metals Pvt. Ltd., the corporate debtor, under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Adjudicating Authority admitted the application on 2020-01-30. Hansraj Mutreja was appointed as the Interim Resolution Professional (IRP), who then constituted the Committee of Creditors (CoC). The CoC, in its meeting on 2020-03-07, resolved to appoint Hansraj Mutreja as the Resolution Professional (RP). The corporate debtor had not been in operation for almost 19 years and possessed limited assets (Plot No. E-909 RIICO, Industrial Area, Bhiwadi). Due to the lack of a viable resolution plan, the CoC unanimously decided to
…Sign in to view the parties.
The Adjudicating Authority admitted the…
The 1st meeting of the CoC was held, wherein…
The case involves an application (IA No. 228/JPR/2020) filed by the Resolution Professional (RP) for M/s Kishori Lal Sudesh Kumar Metals Private Limited ('Corporate Debtor') under Section 33 of the Insolvency and Bankruptcy Code, 2016 ('IBC' / 'Code') for initiation of liquidation proceedings against the Corporate Debtor. An earlier application under Section 7 of the Code, filed by the Financial Creditor, Mr. Raghav Aggarwal, had been admitted, leading to the initiation of the Corporate Insolvency Resolution Process (CIRP) and the appointment of Mr. Hansraj Mutreja as Interim Resolution Professional (IRP). The Committee of Creditors (CoC) was constituted, and they resolved to appoint Mr. Hansraj Mutreja as the RP. The CoC decided to liquidate the Corporate Debtor
…Raghav Aggarwal, a financial creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s Kishori Lal Sudesh Kumar Metals Pvt. Ltd., the corporate debtor, under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Adjudicating Authority admitted the application on 2020-01-30. Hansraj Mutreja was appointed as the Interim Resolution Professional (IRP), who then constituted the Committee of Creditors (CoC). The CoC, in its meeting on 2020-03-07, resolved to appoint Hansraj Mutreja as the Resolution Professional (RP). The corporate debtor had not been in operation for almost 19 years and possessed limited assets (Plot No. E-909 RIICO, Industrial Area, Bhiwadi). Due to the lack of a viable resolution plan, the CoC unanimously decided to
…The Adjudicating Authority admitted the…
The 1st meeting of the CoC was held, wherein…