The case pertains to I.A. No. 2216/2020 filed in IB-812(ND)/2018 under Section 30(6) of the Insolvency and Bankruptcy Code (IBC), 2016, read with Regulation 39(4) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The application was filed seeking approval of a resolution plan for Rayan Laboratories Pvt. Ltd., the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor, and Mr. Susheel Kumar Gupta was appointed as the Resolution Professional (RP). The RP submitted a resolution plan approved by the Committee of Creditors (CoC).
The Resolution Professional (RP), Mr. Susheel Kumar Gupta, filed an application seeking approval of a resolution plan for Rayan Laboratories Pvt. Ltd. (Corporate Debtor). The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following an application by an Operational Creditor under Section 9 of the IBC. The RP was initially appointed as the Interim Resolution Professional (IRP). The first meeting of the Committee of Creditors (CoC) was held on 08.11.2018, and the IRP was confirmed as the RP. During the CIRP, the resolution applicant moved an application (CA NO: 884/C-III/ND/2019) under section 60(5) read with sections 12(3) and 30(4) of the IBC, 2016, seeking an extension of time for filing a detailed resolution plan, which was
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Corporate Insolvency Resolution Process (CIRP)…
The first meeting of the Committee of…
The case pertains to I.A. No. 2216/2020 filed in IB-812(ND)/2018 under Section 30(6) of the Insolvency and Bankruptcy Code (IBC), 2016, read with Regulation 39(4) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The application was filed seeking approval of a resolution plan for Rayan Laboratories Pvt. Ltd., the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor, and Mr. Susheel Kumar Gupta was appointed as the Resolution Professional (RP). The RP submitted a resolution plan approved by the Committee of Creditors (CoC).
The Resolution Professional (RP), Mr. Susheel Kumar Gupta, filed an application seeking approval of a resolution plan for Rayan Laboratories Pvt. Ltd. (Corporate Debtor). The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following an application by an Operational Creditor under Section 9 of the IBC. The RP was initially appointed as the Interim Resolution Professional (IRP). The first meeting of the Committee of Creditors (CoC) was held on 08.11.2018, and the IRP was confirmed as the RP. During the CIRP, the resolution applicant moved an application (CA NO: 884/C-III/ND/2019) under section 60(5) read with sections 12(3) and 30(4) of the IBC, 2016, seeking an extension of time for filing a detailed resolution plan, which was
…Corporate Insolvency Resolution Process (CIRP)…
The first meeting of the Committee of…