This application was filed by the Resolution Professional under Section 33(1)(a) read with Section 33(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the liquidation of the Corporate Debtor, M/s M K S Oil Private Limited, as the Corporate Insolvency Resolution Process period had expired without a resolution plan being approved.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against M/s M K S Oil Private Limited on December 2, 2019, and appointed Mr. Atul Mittal as the Interim Resolution Professional (IRP). The IRP made a public announcement in Form A on December 11, 2019, with the last date for filing claims being December 23, 2019. In the first Committee of Creditors (CoC) meeting on January 7, 2020, the CoC disapproved the ratification of the IRP's appointment as Resolution Professional by 100%.
…Adjudicating Authority initiated Corporate…
IRP made a…
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This application was filed by the Resolution Professional under Section 33(1)(a) read with Section 33(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the liquidation of the Corporate Debtor, M/s M K S Oil Private Limited, as the Corporate Insolvency Resolution Process period had expired without a resolution plan being approved.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against M/s M K S Oil Private Limited on December 2, 2019, and appointed Mr. Atul Mittal as the Interim Resolution Professional (IRP). The IRP made a public announcement in Form A on December 11, 2019, with the last date for filing claims being December 23, 2019. In the first Committee of Creditors (CoC) meeting on January 7, 2020, the CoC disapproved the ratification of the IRP's appointment as Resolution Professional by 100%.
…Adjudicating Authority initiated Corporate…
IRP made a…
Sign in to view related legal provisions.