The application was filed by the Resolution Professional of Richi Rich Agro Foods Private Limited under Section 33(1) of the Insolvency and Bankruptcy Code, 2016, for the initiation of liquidation of the Corporate Debtor.
An application under Section 7 of the IBC was filed by State Bank of India and admitted on 01.08.2023.
Mr. Sumat Kumar Gupta was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
The Committee of Creditors (CoC) comprised a sole Financial Creditor, State Bank of India, with 100% voting share.
The CoC rejected the resolution plan with 100% voting share and resolved to liquidate the Corporate Debtor.
The RP filed an affidavit stating the last audited balance sheet of the Corporate Debtor for the year ending 31.03.2015.
The Adjudicating Authority directed the Corporate Debtor to be liquidated and appointed Mr. Deepak Thukral as the liquidator.
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Application under…
The Interim Resolution Professional was…
The application was filed by the Resolution Professional of Richi Rich Agro Foods Private Limited under Section 33(1) of the Insolvency and Bankruptcy Code, 2016, for the initiation of liquidation of the Corporate Debtor.
An application under Section 7 of the IBC was filed by State Bank of India and admitted on 01.08.2023.
Mr. Sumat Kumar Gupta was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
The Committee of Creditors (CoC) comprised a sole Financial Creditor, State Bank of India, with 100% voting share.
The CoC rejected the resolution plan with 100% voting share and resolved to liquidate the Corporate Debtor.
The RP filed an affidavit stating the last audited balance sheet of the Corporate Debtor for the year ending 31.03.2015.
The Adjudicating Authority directed the Corporate Debtor to be liquidated and appointed Mr. Deepak Thukral as the liquidator.
Application under…
The Interim Resolution Professional was…