Bank of India filed CP(IB) No. 18/GB/2019 before the Guwahati Bench of the National Company Law Tribunal under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against RNB Cements Pvt. Ltd. The application was admitted on 13/06/2019, and Mr. Kamalesh Kumar Singhania was appointed as Interim Resolution Professional. A public announcement was made, inviting claims from creditors. A Committee of Creditors (CoC) was formed, and in a meeting on 29.08.2019, the appointment of the Interim Resolution Professional as the Resolution Professional was approved. The Resolution Professional submitted that at the 10th CoC meeting held on 14/02/2020, the Resolution Plan submitted by CFM Asset Reconstruction Private
…Bank of India initiated Corporate Insolvency Resolution Process (CIRP) against RNB Cements Pvt. Ltd. by filing CP(IB) No. 18/GB/2019 under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on 13/06/2019. Kamalesh Kumar Singhania was appointed as the Interim Resolution Professional. A public announcement was made to invite claims from creditors, leading to the formation of a Committee of Creditors (CoC). The CoC approved the appointment of the Interim Resolution Professional as the Resolution Professional on 29/08/2019. At the 10th CoC meeting on 14/02/2020, the Resolution Plan submitted by CFM Asset Reconstruction Private Limited in consortium with Jumbo Roofings & Tiles was selected and approved with 87.03% votes. The total claim
…Sign in to view the parties.
Application filed by Bank of India under…
Mr. Kamalesh Kumar…
Bank of India filed CP(IB) No. 18/GB/2019 before the Guwahati Bench of the National Company Law Tribunal under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against RNB Cements Pvt. Ltd. The application was admitted on 13/06/2019, and Mr. Kamalesh Kumar Singhania was appointed as Interim Resolution Professional. A public announcement was made, inviting claims from creditors. A Committee of Creditors (CoC) was formed, and in a meeting on 29.08.2019, the appointment of the Interim Resolution Professional as the Resolution Professional was approved. The Resolution Professional submitted that at the 10th CoC meeting held on 14/02/2020, the Resolution Plan submitted by CFM Asset Reconstruction Private
…Bank of India initiated Corporate Insolvency Resolution Process (CIRP) against RNB Cements Pvt. Ltd. by filing CP(IB) No. 18/GB/2019 under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on 13/06/2019. Kamalesh Kumar Singhania was appointed as the Interim Resolution Professional. A public announcement was made to invite claims from creditors, leading to the formation of a Committee of Creditors (CoC). The CoC approved the appointment of the Interim Resolution Professional as the Resolution Professional on 29/08/2019. At the 10th CoC meeting on 14/02/2020, the Resolution Plan submitted by CFM Asset Reconstruction Private Limited in consortium with Jumbo Roofings & Tiles was selected and approved with 87.03% votes. The total claim
…Application filed by Bank of India under…
Mr. Kamalesh Kumar…