The case involves an application filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 (IBC) for the liquidation of the corporate debtor, M/s. Rathi Super Steel Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following an application by Dena Bank (now Bank of Baroda), the lead bank of a consortium of 11 banks, under Section 7 of the IBC. The application was admitted on 2019-06-12. Mr. Harish Chander Arora was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors. The IRP constituted a Committee of Creditors (CoC).
Dena Bank (now Bank of Baroda), representing a consortium of 11 banks, initiated Corporate Insolvency Resolution Process (CIRP) against M/s. Rathi Super Steel Limited by filing an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The application was admitted on 2019-06-12. Harish Chander Arora was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors, with a deadline of 2019-07-04. The IRP constituted a Committee of Creditors (CoC). The Resolution Professional issued Expression of Interest (EOI) on Form G for inviting Resolution Plans. The CoC rejected a proposal from M/s Ashok Garg & Associates for job work. Only two PRAs submitted EOIs, namely M/s Bansal Wire Industries
…Sign in to view the parties.
Dena Bank filed an application under Section 7…
The application under…
The case involves an application filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 (IBC) for the liquidation of the corporate debtor, M/s. Rathi Super Steel Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following an application by Dena Bank (now Bank of Baroda), the lead bank of a consortium of 11 banks, under Section 7 of the IBC. The application was admitted on 2019-06-12. Mr. Harish Chander Arora was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors. The IRP constituted a Committee of Creditors (CoC).
Dena Bank (now Bank of Baroda), representing a consortium of 11 banks, initiated Corporate Insolvency Resolution Process (CIRP) against M/s. Rathi Super Steel Limited by filing an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The application was admitted on 2019-06-12. Harish Chander Arora was appointed as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors, with a deadline of 2019-07-04. The IRP constituted a Committee of Creditors (CoC). The Resolution Professional issued Expression of Interest (EOI) on Form G for inviting Resolution Plans. The CoC rejected a proposal from M/s Ashok Garg & Associates for job work. Only two PRAs submitted EOIs, namely M/s Bansal Wire Industries
…Dena Bank filed an application under Section 7…
The application under…