The case pertains to IA No. 78 of 2020 filed by the Resolution Professional (RP) to extend the Corporate Insolvency Resolution Process (CIRP) period by 60 days. The hearing was conducted through video conferencing before the Indore Bench at Ahmedabad of the National Company Law Tribunal on July 10, 2020.
IA No. 78 of 2020 was filed by the RP to extend the CIRP period by 60 days. The RP submitted that six Resolution Applicants have shown interest and filed EOI, which are under consideration by the COC. The COC has passed a resolution with 75% vote to allow the extension. The court considered the pandemic situation while making its decision. The name of the company is Jagdish Kumar Parulkar RP For Rai Homes Universal Pvt Ltd.
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Hearing conducted through video conferencing…
Order passed extending…
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The case pertains to IA No. 78 of 2020 filed by the Resolution Professional (RP) to extend the Corporate Insolvency Resolution Process (CIRP) period by 60 days. The hearing was conducted through video conferencing before the Indore Bench at Ahmedabad of the National Company Law Tribunal on July 10, 2020.
IA No. 78 of 2020 was filed by the RP to extend the CIRP period by 60 days. The RP submitted that six Resolution Applicants have shown interest and filed EOI, which are under consideration by the COC. The COC has passed a resolution with 75% vote to allow the extension. The court considered the pandemic situation while making its decision. The name of the company is Jagdish Kumar Parulkar RP For Rai Homes Universal Pvt Ltd.
Hearing conducted through video conferencing…
Order passed extending…
Sign in to view related legal provisions.