The case involves an application filed by the Resolution Professional (RP) under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, seeking approval of a resolution plan proposed by the Committee of Creditors (CoC) for the Corporate Debtor, M/s. Logic Eastern (India) Pvt. Ltd. The Corporate Insolvency Resolution Process (CIRP) was initiated after Technology Development Board filed C.P. No. IB – 623PB)/2017 against M/s. Logic Eastern (India) Pvt. Ltd. under Section – 7 of the Code. The petition was admitted on 18.07.2018, leading to the commencement of CIRP and imposition of a moratorium. The IRP made a public announcement inviting claims on 23.07.2018. The IRP was replaced by Mr. Rajan Das Gupta as the RP. The RP issued an advertisement inviting prospective
…Technology Development Board, the financial creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s. Logic Eastern (India) Pvt. Ltd., the corporate debtor, by filing C.P. No. IB – 623PB)/2017 under Section 7 of the Insolvency and Bankruptcy Code (IBC). The petition was admitted on 18.07.2018, leading to the commencement of CIRP and imposition of a moratorium under Section 14. An Interim Resolution Professional (IRP) was appointed, who was later replaced by Mr. Rajan Das Gupta as the Resolution Professional (RP). The RP made a public announcement on 23.07.2018 inviting claims from creditors. The RP issued an advertisement in Form G inviting prospective resolution applicants, but no expression of interest was received. The Committee of Creditors
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Technology Development Board filed C.P. No. IB…
The petition was admitted, leading to the…
The case involves an application filed by the Resolution Professional (RP) under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, seeking approval of a resolution plan proposed by the Committee of Creditors (CoC) for the Corporate Debtor, M/s. Logic Eastern (India) Pvt. Ltd. The Corporate Insolvency Resolution Process (CIRP) was initiated after Technology Development Board filed C.P. No. IB – 623PB)/2017 against M/s. Logic Eastern (India) Pvt. Ltd. under Section – 7 of the Code. The petition was admitted on 18.07.2018, leading to the commencement of CIRP and imposition of a moratorium. The IRP made a public announcement inviting claims on 23.07.2018. The IRP was replaced by Mr. Rajan Das Gupta as the RP. The RP issued an advertisement inviting prospective
…Technology Development Board, the financial creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s. Logic Eastern (India) Pvt. Ltd., the corporate debtor, by filing C.P. No. IB – 623PB)/2017 under Section 7 of the Insolvency and Bankruptcy Code (IBC). The petition was admitted on 18.07.2018, leading to the commencement of CIRP and imposition of a moratorium under Section 14. An Interim Resolution Professional (IRP) was appointed, who was later replaced by Mr. Rajan Das Gupta as the Resolution Professional (RP). The RP made a public announcement on 23.07.2018 inviting claims from creditors. The RP issued an advertisement in Form G inviting prospective resolution applicants, but no expression of interest was received. The Committee of Creditors
…Technology Development Board filed C.P. No. IB…
The petition was admitted, leading to the…