The case involves an application (IA No.129/2020) filed by the Committee of Creditors (CoC) under Section 22(3) of the Insolvency and Bankruptcy Code (IBC) in CP NO.(IB)325/ALD/2019. The CoC seeks to appoint Mr. Anshul Gupta as the Resolution Professional (RP) in place of the existing Interim Resolution Professional (IRP), Mr. Sunil Agarwal, for the Corporate Debtor. The CoC's decision to replace Mr. Sunil Agarwal was made in a meeting held on 03.03.2020, exercising the powers under Section 22 of the Code, with a unanimous vote of 100% strength.
The Committee of Creditors (CoC) filed an application (IA No.129/2020) under Section 22(3) of the Insolvency and Bankruptcy Code (IBC) in CP NO.(IB)325/ALD/2019. The CoC sought to replace the existing Interim Resolution Professional (IRP), Mr. Sunil Agarwal, with Mr. Anshul Gupta as the Resolution Professional (RP) for the Corporate Debtor. The CoC's decision was made in a meeting held on 03.03.2020, where they unanimously voted to replace Mr. Sunil Agarwal with 100% voting strength. The minutes of the CoC meeting are appended as Annexure-2 to the application. The applicant is Exim Scrips Dealers Pvt. Ltd. V/S Rathi Graphics Technologies Ltd.
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The Committee of Creditors (CoC) held a…
Hearing of Allahabad Bench of the National…
The case involves an application (IA No.129/2020) filed by the Committee of Creditors (CoC) under Section 22(3) of the Insolvency and Bankruptcy Code (IBC) in CP NO.(IB)325/ALD/2019. The CoC seeks to appoint Mr. Anshul Gupta as the Resolution Professional (RP) in place of the existing Interim Resolution Professional (IRP), Mr. Sunil Agarwal, for the Corporate Debtor. The CoC's decision to replace Mr. Sunil Agarwal was made in a meeting held on 03.03.2020, exercising the powers under Section 22 of the Code, with a unanimous vote of 100% strength.
The Committee of Creditors (CoC) filed an application (IA No.129/2020) under Section 22(3) of the Insolvency and Bankruptcy Code (IBC) in CP NO.(IB)325/ALD/2019. The CoC sought to replace the existing Interim Resolution Professional (IRP), Mr. Sunil Agarwal, with Mr. Anshul Gupta as the Resolution Professional (RP) for the Corporate Debtor. The CoC's decision was made in a meeting held on 03.03.2020, where they unanimously voted to replace Mr. Sunil Agarwal with 100% voting strength. The minutes of the CoC meeting are appended as Annexure-2 to the application. The applicant is Exim Scrips Dealers Pvt. Ltd. V/S Rathi Graphics Technologies Ltd.
The Committee of Creditors (CoC) held a…
Hearing of Allahabad Bench of the National…