The case involves an application filed by the Resolution Professional (RP) seeking liquidation of the Corporate Debtor, Modern India Con Cast Limited, due to the absence of any Expression of Interest (EoI). The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition filed by Rishav Coke Product Private Limited (Operational Creditor) under section 9 of the Insolvency and Bankruptcy Code, 2016. An Interim Resolution Professional (IRP) was appointed, and a public announcement was made. The Committee of Creditors (CoC) was duly constituted. Subsequently, Samir Kumar Bhattacharyya replaced the initial IRP as the RP. The CoC decided to liquidate the Corporate Debtor as no EoI was received, leading to the RP filing an application for liquidation.
Rishav Coke Product Private Limited, an Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Modern India Con Cast Limited, the Corporate Debtor. The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) on 22.10.2019. Ms. Jayashree Bhandari was initially appointed as the Interim Resolution Professional (IRP). A public announcement was made on 26.10.2019, setting 5.11.2019 as the last date for submitting claims. The Committee of Creditors (CoC) was constituted on 14.11.2019. Samir Kumar Bhattacharyya replaced Ms. Jayashree Bhandari as the Resolution Professional (RP) on 13.12.2019. The CIRP period, initially 180 days, was extended by 90 days until 19.04.2020. The CoC, in its 9th
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Adjudicating Authority directed initiation of…
IRP made public…
The case involves an application filed by the Resolution Professional (RP) seeking liquidation of the Corporate Debtor, Modern India Con Cast Limited, due to the absence of any Expression of Interest (EoI). The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition filed by Rishav Coke Product Private Limited (Operational Creditor) under section 9 of the Insolvency and Bankruptcy Code, 2016. An Interim Resolution Professional (IRP) was appointed, and a public announcement was made. The Committee of Creditors (CoC) was duly constituted. Subsequently, Samir Kumar Bhattacharyya replaced the initial IRP as the RP. The CoC decided to liquidate the Corporate Debtor as no EoI was received, leading to the RP filing an application for liquidation.
Rishav Coke Product Private Limited, an Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Modern India Con Cast Limited, the Corporate Debtor. The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) on 22.10.2019. Ms. Jayashree Bhandari was initially appointed as the Interim Resolution Professional (IRP). A public announcement was made on 26.10.2019, setting 5.11.2019 as the last date for submitting claims. The Committee of Creditors (CoC) was constituted on 14.11.2019. Samir Kumar Bhattacharyya replaced Ms. Jayashree Bhandari as the Resolution Professional (RP) on 13.12.2019. The CIRP period, initially 180 days, was extended by 90 days until 19.04.2020. The CoC, in its 9th
…Adjudicating Authority directed initiation of…
IRP made public…