The case pertains to an application filed by the Resolution Professional (RP) under Sections 33 and 34 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking orders for the liquidation of M/s M.S.M.Energy Limited, the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated following the admission of a petition under Section 7 of the IBC on October 15, 2019. The RP, Mr. Anup Kumar Singh, was appointed in the first Committee of Creditors (CoC) meeting on September 19, 2019. Form G was issued, setting January 18, 2020, as the last date for submission of Expression of Interest (EOI). The process faced challenges, including a lack of EOIs due to ongoing holidays and subsequent extensions granted by the CoC. Ultimately, the CoC rejected the
…M/s M.S.M.Energy Limited is the Corporate Debtor. An application was filed by the Resolution Professional (RP), Mr. Anup Kumar Singh, under Sections 33 and 34 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking liquidation orders. The Corporate Insolvency Resolution Process (CIRP) was initiated on October 15, 2019, following the admission of a petition under Section 7 of the IBC. The RP was appointed on September 19, 2019. The last date for submission of Expression of Interest (EOI) was initially set for January 18, 2020, but was extended due to a lack of EOIs. Two prospective resolution applicants, M/s. S.C.Agarwal and Rainbow Food Products Private Limited, submitted EOIs. Rainbow Foods Products Private Limited later withdrew its proposal. M/s. S.C.Agarwal was
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The Tribunal admitted the petition bearing CP…
Shri Anup Kumar Singh was appointed as the…
The case pertains to an application filed by the Resolution Professional (RP) under Sections 33 and 34 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking orders for the liquidation of M/s M.S.M.Energy Limited, the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated following the admission of a petition under Section 7 of the IBC on October 15, 2019. The RP, Mr. Anup Kumar Singh, was appointed in the first Committee of Creditors (CoC) meeting on September 19, 2019. Form G was issued, setting January 18, 2020, as the last date for submission of Expression of Interest (EOI). The process faced challenges, including a lack of EOIs due to ongoing holidays and subsequent extensions granted by the CoC. Ultimately, the CoC rejected the
…M/s M.S.M.Energy Limited is the Corporate Debtor. An application was filed by the Resolution Professional (RP), Mr. Anup Kumar Singh, under Sections 33 and 34 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking liquidation orders. The Corporate Insolvency Resolution Process (CIRP) was initiated on October 15, 2019, following the admission of a petition under Section 7 of the IBC. The RP was appointed on September 19, 2019. The last date for submission of Expression of Interest (EOI) was initially set for January 18, 2020, but was extended due to a lack of EOIs. Two prospective resolution applicants, M/s. S.C.Agarwal and Rainbow Food Products Private Limited, submitted EOIs. Rainbow Foods Products Private Limited later withdrew its proposal. M/s. S.C.Agarwal was
…The Tribunal admitted the petition bearing CP…
Shri Anup Kumar Singh was appointed as the…