The case involves an application related to corporate insolvency proceedings. The Committee of Creditors (CoC) passed a resolution on April 18, 2020, to replace the Interim Resolution Professional (IRP) with Mr. Ashok Kumar Dewan. The application was moved before the National Company Law Tribunal (NCLT), Principal Bench, New Delhi, sitting in Chennai.
The Committee of Creditors (CoC) of M/s.Solo Metals Pvt. Ltd. passed a resolution on April 18, 2020, to replace the existing Interim Resolution Professional (IRP), Mr. Navjit Singh, with Mr. Ashok Kumar Dewan. The application was presented before the National Company Law Tribunal (NCLT), Principal Bench, New Delhi, which was sitting in Chennai. The NCLT is now forwarding the name of Mr. Ashok Kumar Dewan to the Insolvency and Bankruptcy Board of India (IBBI) for confirmation. The case is under Section 22(3) of the Insolvency and Bankruptcy Code (IBC), 2016. The Registry is directed to communicate the order to IBBI for confirmation. The matter was listed for further hearing on May 20, 2020.
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The Committee of Creditors (CoC) passed a…
Hearing held…
The case involves an application related to corporate insolvency proceedings. The Committee of Creditors (CoC) passed a resolution on April 18, 2020, to replace the Interim Resolution Professional (IRP) with Mr. Ashok Kumar Dewan. The application was moved before the National Company Law Tribunal (NCLT), Principal Bench, New Delhi, sitting in Chennai.
The Committee of Creditors (CoC) of M/s.Solo Metals Pvt. Ltd. passed a resolution on April 18, 2020, to replace the existing Interim Resolution Professional (IRP), Mr. Navjit Singh, with Mr. Ashok Kumar Dewan. The application was presented before the National Company Law Tribunal (NCLT), Principal Bench, New Delhi, which was sitting in Chennai. The NCLT is now forwarding the name of Mr. Ashok Kumar Dewan to the Insolvency and Bankruptcy Board of India (IBBI) for confirmation. The case is under Section 22(3) of the Insolvency and Bankruptcy Code (IBC), 2016. The Registry is directed to communicate the order to IBBI for confirmation. The matter was listed for further hearing on May 20, 2020.
The Committee of Creditors (CoC) passed a…
Hearing held…