The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against M/s Mathstraman Manufacturers and Traders Private Limited by Union Bank of India. The Tribunal admitted the application on 2020-11-20. An Interim Resolution Professional (IRP) was appointed, who published a public announcement and formed a Committee of Creditors (CoC). The CoC confirmed the IRP as the Resolution Professional (RP). The RP convened meetings of the CoC to discuss CIRP costs and invite Expressions of Interest (EOI). Despite efforts, no resolution plan was received. The CoC then passed a resolution for liquidation of the Corporate Debtor.
Union Bank of India initiated CIRP against M/s Mathstraman Manufacturers and Traders Private Limited. The Tribunal admitted the application on 2020-11-20. K. Easwara Pillai was appointed as the IRP and later confirmed as the RP. The RP published Form G to invite Expression of Interest (EOI) from prospective resolution applicants. The 2nd CoC meeting was held on 2021-02-22 to discuss CIRP costs. The 3rd CoC meeting was convened on 2021-03-26, where the resolution to publish Form G was discussed. The last date to submit the EOI was 2021-04-13. The 4th CoC meeting was held on 2021-06-02, where the applicant apprised the members that the applicant is not in receipt of any Expression of Interest or Resolution Plan for the revival of the Corporate Debtor and sought
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Tribunal admitted the application filed by…
The Applicant convened the 1st Meeting of the…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against M/s Mathstraman Manufacturers and Traders Private Limited by Union Bank of India. The Tribunal admitted the application on 2020-11-20. An Interim Resolution Professional (IRP) was appointed, who published a public announcement and formed a Committee of Creditors (CoC). The CoC confirmed the IRP as the Resolution Professional (RP). The RP convened meetings of the CoC to discuss CIRP costs and invite Expressions of Interest (EOI). Despite efforts, no resolution plan was received. The CoC then passed a resolution for liquidation of the Corporate Debtor.
Union Bank of India initiated CIRP against M/s Mathstraman Manufacturers and Traders Private Limited. The Tribunal admitted the application on 2020-11-20. K. Easwara Pillai was appointed as the IRP and later confirmed as the RP. The RP published Form G to invite Expression of Interest (EOI) from prospective resolution applicants. The 2nd CoC meeting was held on 2021-02-22 to discuss CIRP costs. The 3rd CoC meeting was convened on 2021-03-26, where the resolution to publish Form G was discussed. The last date to submit the EOI was 2021-04-13. The 4th CoC meeting was held on 2021-06-02, where the applicant apprised the members that the applicant is not in receipt of any Expression of Interest or Resolution Plan for the revival of the Corporate Debtor and sought
…Tribunal admitted the application filed by…
The Applicant convened the 1st Meeting of the…