The case involves an application filed by the Resolution Professional (RP) of M/s. KTC Foods Private Limited (Corporate Debtor) seeking an order for the liquidation of the corporate debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Ashok Kumar and Brother (Operational Creditor). The petition was admitted on 29.08.2018, and a moratorium was declared. Mr. Mast Ram was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Anup Kumar Singh. Form G was published to invite Expression of Interest (EOI).
Ashok Kumar and Brother, an Operational Creditor, initiated Corporate Insolvency Resolution Process (CIRP) against K.T.C. Foods Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on 2018-08-29, leading to a moratorium under Section 14(1) of the Code. Mr. Mast Ram was appointed as Interim Resolution Professional (IRP) on 2018-09-07, later replaced by Mr. Anup Kumar Singh. Despite publishing Form G and extending the deadline for Expression of Interest (EOI), no resolution plan was received. The Committee of Creditors (COC) decided on 2019-04-25 to liquidate the Corporate Debtor, with 100% voting rights in favor. The Resolution Professional, Mr. Anup Kumar Singh, consented to act as Liquidator. The
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Petition under Section…
Mr. Mast Ram was…
The case involves an application filed by the Resolution Professional (RP) of M/s. KTC Foods Private Limited (Corporate Debtor) seeking an order for the liquidation of the corporate debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Ashok Kumar and Brother (Operational Creditor). The petition was admitted on 29.08.2018, and a moratorium was declared. Mr. Mast Ram was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Anup Kumar Singh. Form G was published to invite Expression of Interest (EOI).
Ashok Kumar and Brother, an Operational Creditor, initiated Corporate Insolvency Resolution Process (CIRP) against K.T.C. Foods Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on 2018-08-29, leading to a moratorium under Section 14(1) of the Code. Mr. Mast Ram was appointed as Interim Resolution Professional (IRP) on 2018-09-07, later replaced by Mr. Anup Kumar Singh. Despite publishing Form G and extending the deadline for Expression of Interest (EOI), no resolution plan was received. The Committee of Creditors (COC) decided on 2019-04-25 to liquidate the Corporate Debtor, with 100% voting rights in favor. The Resolution Professional, Mr. Anup Kumar Singh, consented to act as Liquidator. The
…Petition under Section…
Mr. Mast Ram was…