The case pertains to an application under section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) for the approval of a resolution plan submitted for K.K. Gifts Private Limited, the Corporate Debtor. The underlying Company Petition in CP (IB) No. 139/KB/2019 was filed by Union Bank of India against K.K. Gifts Private Limited under section 7 of the IBC, which was admitted on 06.09.2019. Mr. Sachin Gopal Jathar was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was constituted with Union Bank of India as the sole member with 100% voting rights. Invitations for Expressions of Interest (EoI) were issued,
…Union Bank of India filed a Company Petition (CP (IB) No. 139/KB/2019) against K.K. Gifts Private Limited, the Corporate Debtor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, which was admitted on 06.09.2019. Sachin Gopal Jathar was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Public announcements were made on 08.09.2019 to invite claims from financial and operational creditors, workers, and employees, with a deadline of 20.09.2019. The Committee of Creditors (CoC) was constituted on 20.09.2019, with Union Bank of India as the sole member holding 100% voting rights. Thirteen CoC meetings were held during the CIRP period. Invitations for Expressions of Interest (EoI) were issued on
…Sign in to view the parties.
Company Petition in CP (IB) No. 139/KB/2019…
Public announcement made to invite claims…
The case pertains to an application under section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) for the approval of a resolution plan submitted for K.K. Gifts Private Limited, the Corporate Debtor. The underlying Company Petition in CP (IB) No. 139/KB/2019 was filed by Union Bank of India against K.K. Gifts Private Limited under section 7 of the IBC, which was admitted on 06.09.2019. Mr. Sachin Gopal Jathar was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was constituted with Union Bank of India as the sole member with 100% voting rights. Invitations for Expressions of Interest (EoI) were issued,
…Union Bank of India filed a Company Petition (CP (IB) No. 139/KB/2019) against K.K. Gifts Private Limited, the Corporate Debtor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, which was admitted on 06.09.2019. Sachin Gopal Jathar was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Public announcements were made on 08.09.2019 to invite claims from financial and operational creditors, workers, and employees, with a deadline of 20.09.2019. The Committee of Creditors (CoC) was constituted on 20.09.2019, with Union Bank of India as the sole member holding 100% voting rights. Thirteen CoC meetings were held during the CIRP period. Invitations for Expressions of Interest (EoI) were issued on
…Company Petition in CP (IB) No. 139/KB/2019…
Public announcement made to invite claims…