The case involves an application filed for the replacement of the resolution professional, Mr. Raj Kumar Gupta, with Mr. Debashis Nanda. The Committee of Creditors (CoC) approved the resolution with 100% voting share in its 3rd meeting held on March 17, 2020. The application was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016.
PNB filed an application to replace the existing resolution professional, Mr. Raj Kumar Gupta, with Mr. Debashis Nanda. The CoC approved this replacement with a 100% voting share during its meeting on March 17, 2020. The application was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Form AA of Mr. Nanda was annexed with the application. The court considered the submissions and documents before deciding to appoint Mr. Debashis Nanda as the new resolution professional for the corporate debtor, Rathi Ispat Ltd.
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The CoC held its 3rd meeting and passed a…
The NCLT delivered the order, approving the…
The case involves an application filed for the replacement of the resolution professional, Mr. Raj Kumar Gupta, with Mr. Debashis Nanda. The Committee of Creditors (CoC) approved the resolution with 100% voting share in its 3rd meeting held on March 17, 2020. The application was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016.
PNB filed an application to replace the existing resolution professional, Mr. Raj Kumar Gupta, with Mr. Debashis Nanda. The CoC approved this replacement with a 100% voting share during its meeting on March 17, 2020. The application was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Form AA of Mr. Nanda was annexed with the application. The court considered the submissions and documents before deciding to appoint Mr. Debashis Nanda as the new resolution professional for the corporate debtor, Rathi Ispat Ltd.
The CoC held its 3rd meeting and passed a…
The NCLT delivered the order, approving the…