This application was filed by Mr. Abhishek Nagori, the Resolution Professional (RP) of Raj Rayon Industries Limited, under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016). The purpose of the application was to seek approval for the Resolution Plan concerning Raj Rayon Industries Limited, which is referred to as the Corporate Debtor. The Corporate Debtor had previously been admitted into the Corporate Insolvency Resolution Process (CIRP) by the Adjudicating Authority on January 23, 2020.
…Mr. Abhishek Nagori, the Resolution Professional (RP) of Raj Rayon Industries Limited, filed an application under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016) for the approval of a Resolution Plan. The Corporate Debtor, Raj Rayon Industries Limited, had been admitted into the Corporate Insolvency Resolution Process (CIRP) by the Adjudicating Authority on January 23, 2020. Mr. Nagori was initially appointed as the Interim Resolution Professional (IRP).
…The Corporate Debtor, Raj Rayon Industries…
The Committee of Creditors (CoC) confirmed…
This application was filed by Mr. Abhishek Nagori, the Resolution Professional (RP) of Raj Rayon Industries Limited, under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016). The purpose of the application was to seek approval for the Resolution Plan concerning Raj Rayon Industries Limited, which is referred to as the Corporate Debtor. The Corporate Debtor had previously been admitted into the Corporate Insolvency Resolution Process (CIRP) by the Adjudicating Authority on January 23, 2020.
…Mr. Abhishek Nagori, the Resolution Professional (RP) of Raj Rayon Industries Limited, filed an application under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016) for the approval of a Resolution Plan. The Corporate Debtor, Raj Rayon Industries Limited, had been admitted into the Corporate Insolvency Resolution Process (CIRP) by the Adjudicating Authority on January 23, 2020. Mr. Nagori was initially appointed as the Interim Resolution Professional (IRP).
…The Corporate Debtor, Raj Rayon Industries…
The Committee of Creditors (CoC) confirmed…