The case involves an application (MA 3209/2019) filed by the Resolution Professional, Mr. Manishkumar Patel, seeking approval for the withdrawal of a Corporate Insolvency Resolution Process (CIRP) initiated against Ram Agri Infra India Pvt. Ltd. The CIRP was initiated based on a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Shrishankar Menon, the Power of Attorney holder for Mrs. Rukmini P. Nair and Mrs. Veena S. Menon, who were operational creditors. The company was admitted into CIRP on 28.12.2018. The Committee of Creditors (CoC) was formed, including the Central Bank of India as a financial creditor and Shrishankar Menon representing the operational creditors. The Resolution Professional submitted that the financial claim related to
…On 28.12.2018, Corporate Insolvency Resolution Process (CIRP) was initiated against Ram Agri Infra India Pvt. Ltd. after a petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Shrishankar Menon, the Power of Attorney holder for Mrs. Rukmini P. Nair and Mrs. Veena S. Menon, who were operational creditors, for an operational debt of Rs.10,97,445/-. The Committee of Creditors (CoC) was formed, including the Central Bank of India as a financial creditor with a claim of Rs.45,18,835/- and Shrishankar Menon representing the operational creditors with a claim of Rs.12,13,568/-. The Resolution Professional, Mr. Manishkumar Patel, submitted that the financial claim related to a third-party corporate guarantee given by the company to the Central Bank
…Sign in to view the parties.
Shrishankar Memon filed an application bearing…
The Adjudicating Authority admitted the…
The case involves an application (MA 3209/2019) filed by the Resolution Professional, Mr. Manishkumar Patel, seeking approval for the withdrawal of a Corporate Insolvency Resolution Process (CIRP) initiated against Ram Agri Infra India Pvt. Ltd. The CIRP was initiated based on a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Shrishankar Menon, the Power of Attorney holder for Mrs. Rukmini P. Nair and Mrs. Veena S. Menon, who were operational creditors. The company was admitted into CIRP on 28.12.2018. The Committee of Creditors (CoC) was formed, including the Central Bank of India as a financial creditor and Shrishankar Menon representing the operational creditors. The Resolution Professional submitted that the financial claim related to
…On 28.12.2018, Corporate Insolvency Resolution Process (CIRP) was initiated against Ram Agri Infra India Pvt. Ltd. after a petition was filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by Shrishankar Menon, the Power of Attorney holder for Mrs. Rukmini P. Nair and Mrs. Veena S. Menon, who were operational creditors, for an operational debt of Rs.10,97,445/-. The Committee of Creditors (CoC) was formed, including the Central Bank of India as a financial creditor with a claim of Rs.45,18,835/- and Shrishankar Menon representing the operational creditors with a claim of Rs.12,13,568/-. The Resolution Professional, Mr. Manishkumar Patel, submitted that the financial claim related to a third-party corporate guarantee given by the company to the Central Bank
…Shrishankar Memon filed an application bearing…
The Adjudicating Authority admitted the…