The Corporate Insolvency Resolution Process (CIRP) was initiated against Future Colonizers & Construction Limited (Corporate Debtor) on October 13, 2022, following an application by Master Trust Limited, a Financial Creditor. Mr. Rajeev Bhambri was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP). A Public Announcement was made, claims were invited, and the Committee of Creditors (CoC) was constituted. Master Trust Limited emerged as the Successful Resolution Applicant (SRA), and its Resolution Plan was approved by the CoC.
IA(IBC)(PLAN)/1100/(CH)/2023 was filed by Mr. Rajeev Bhambri, Resolution Professional of Future Colonizers & Construction Limited, seeking approval of the Resolution Plan.
The Corporate Debtor, Future Colonizers & Construction Limited (CIN: U70102PB2008PLC03164), was admitted into Corporate Insolvency Resolution Process (CIRP) on October 13, 2022.
The CIRP was initiated based on an application (CP (IB) No. 49/Chd/Pb/2019) filed under Section 7 of the IBC by Master Trust Limited, a Financial Creditor.
Mr. Rajeev Bhambri (IBBI Registration No. IBBI/IPA-002/IP-N00152/2017-18/10399) was appointed as the Interim Resolution Professional (IRP) on October 13, 2022, and later confirmed as the Resolution Professional (RP).
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Future Colonizers & Construction Limited…
IRP made a public announcement inviting…
The Corporate Insolvency Resolution Process (CIRP) was initiated against Future Colonizers & Construction Limited (Corporate Debtor) on October 13, 2022, following an application by Master Trust Limited, a Financial Creditor. Mr. Rajeev Bhambri was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP). A Public Announcement was made, claims were invited, and the Committee of Creditors (CoC) was constituted. Master Trust Limited emerged as the Successful Resolution Applicant (SRA), and its Resolution Plan was approved by the CoC.
IA(IBC)(PLAN)/1100/(CH)/2023 was filed by Mr. Rajeev Bhambri, Resolution Professional of Future Colonizers & Construction Limited, seeking approval of the Resolution Plan.
The Corporate Debtor, Future Colonizers & Construction Limited (CIN: U70102PB2008PLC03164), was admitted into Corporate Insolvency Resolution Process (CIRP) on October 13, 2022.
The CIRP was initiated based on an application (CP (IB) No. 49/Chd/Pb/2019) filed under Section 7 of the IBC by Master Trust Limited, a Financial Creditor.
Mr. Rajeev Bhambri (IBBI Registration No. IBBI/IPA-002/IP-N00152/2017-18/10399) was appointed as the Interim Resolution Professional (IRP) on October 13, 2022, and later confirmed as the Resolution Professional (RP).
…Future Colonizers & Construction Limited…
IRP made a public announcement inviting…