The case pertains to I.A. No. 3310/2020 filed in IB-1457(ND)/2018 under Section 31(1) read with 30(6) of the Insolvency and Bankruptcy Code, 2016, regarding the matter of M/s. Sampan Tradex Pvt. Ltd (CD). The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor based on an order dated 2019-07-30. Mr. Pawan Kumar Goyal was initially appointed as the Interim Resolution Professional (IRP), but the order was communicated to him later on 2019-09-30. Subsequently, Mr. Ajay Gupta was appointed as the Resolution Professional (RP) after the first meeting of the Committee of Creditors (CoC) held on 2019-10-30. The RP invited Expression of Interests (EOIs) and received Eols from two eligible Resolution Applicants. The resolution plan was
…The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Sampan Tradex Pvt. Ltd (CD) based on an order dated 2019-07-30. Initially, Mr. Pawan Kumar Goyal was appointed as the Interim Resolution Professional (IRP), but the order was communicated to him on 2019-09-30. Subsequently, Mr. Ajay Gupta was appointed as the Resolution Professional (RP) after a Committee of Creditors (CoC) meeting on 2019-10-30. The RP invited Expression of Interests (EOIs) and received Eols from two eligible Resolution Applicants. The resolution plan was presented to the CoC on 2020-02-20, and after discussions, the CoC requested improvements. The resolution applicant submitted an addendum and revised offer on 2020-03-21. The CoC approved the resolution plan with 100%
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IB-1457(N…
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The case pertains to I.A. No. 3310/2020 filed in IB-1457(ND)/2018 under Section 31(1) read with 30(6) of the Insolvency and Bankruptcy Code, 2016, regarding the matter of M/s. Sampan Tradex Pvt. Ltd (CD). The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor based on an order dated 2019-07-30. Mr. Pawan Kumar Goyal was initially appointed as the Interim Resolution Professional (IRP), but the order was communicated to him later on 2019-09-30. Subsequently, Mr. Ajay Gupta was appointed as the Resolution Professional (RP) after the first meeting of the Committee of Creditors (CoC) held on 2019-10-30. The RP invited Expression of Interests (EOIs) and received Eols from two eligible Resolution Applicants. The resolution plan was
…The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Sampan Tradex Pvt. Ltd (CD) based on an order dated 2019-07-30. Initially, Mr. Pawan Kumar Goyal was appointed as the Interim Resolution Professional (IRP), but the order was communicated to him on 2019-09-30. Subsequently, Mr. Ajay Gupta was appointed as the Resolution Professional (RP) after a Committee of Creditors (CoC) meeting on 2019-10-30. The RP invited Expression of Interests (EOIs) and received Eols from two eligible Resolution Applicants. The resolution plan was presented to the CoC on 2020-02-20, and after discussions, the CoC requested improvements. The resolution applicant submitted an addendum and revised offer on 2020-03-21. The CoC approved the resolution plan with 100%
…IB-1457(N…
Authority issued order…
Sign in to view related legal provisions.