The case pertains to an application filed by the Resolution Professional (RP) under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) seeking approval of the Resolution Plan submitted by Constantia Corporate Shared Services Private Limited and Alfa Buildhome Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated on 2019-06-07. The RP published a public announcement on 2019-06-11 inviting claims from creditors and constituted the Committee of Creditors (CoC). The Tribunal extended the CIRP period up to 2020-03-03. The RP appointed registered valuers to determine the fair value and liquidation value of the Corporate Debtor. The CoC approved the Resolution Plan with a voting share of 92.46% in its meeting held on 2020-02-01.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Shree Vindhya Paper Mills Limited on 2019-06-07. Vijendra Kumar Jain was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A public announcement was made on 2019-06-11 inviting claims from creditors, leading to the constitution of the Committee of Creditors (CoC). The CIRP period was extended until 2020-03-03. The RP appointed registered valuers to determine the fair value and liquidation value of the Corporate Debtor. Alfa Buildhome Private Limited and Constantia Corporate Shared Services Private Limited jointly submitted a Resolution Plan, which was approved by the CoC with a 92.46% voting share on 2020-02-01. The Resolution Plan
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Corporate Insolvency Resolution Process (CIRP)…
The Applicant published a public Announcement…
The case pertains to an application filed by the Resolution Professional (RP) under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) seeking approval of the Resolution Plan submitted by Constantia Corporate Shared Services Private Limited and Alfa Buildhome Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated on 2019-06-07. The RP published a public announcement on 2019-06-11 inviting claims from creditors and constituted the Committee of Creditors (CoC). The Tribunal extended the CIRP period up to 2020-03-03. The RP appointed registered valuers to determine the fair value and liquidation value of the Corporate Debtor. The CoC approved the Resolution Plan with a voting share of 92.46% in its meeting held on 2020-02-01.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Shree Vindhya Paper Mills Limited on 2019-06-07. Vijendra Kumar Jain was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A public announcement was made on 2019-06-11 inviting claims from creditors, leading to the constitution of the Committee of Creditors (CoC). The CIRP period was extended until 2020-03-03. The RP appointed registered valuers to determine the fair value and liquidation value of the Corporate Debtor. Alfa Buildhome Private Limited and Constantia Corporate Shared Services Private Limited jointly submitted a Resolution Plan, which was approved by the CoC with a 92.46% voting share on 2020-02-01. The Resolution Plan
…Corporate Insolvency Resolution Process (CIRP)…
The Applicant published a public Announcement…