The case involves multiple applications (CA(IB) Nos. 273, 629, and 671/KB/2018) filed in relation to the Corporate Insolvency Resolution Process (CIRP) of Southern Cooling Tower Pvt. Ltd. initiated by Greenply Industries Ltd. under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. CA(IB) No. 671/KB/2018 was filed by the Resolution Professional (RP) for approval of a resolution plan under Sections 30(6) and 31 of the IBC. CA(IB) No. 273/KB/2018 was filed by Smt. Ranita Mitra, a creditor, seeking admission of her claim. CA(IB) No. 629/KB/2018 was filed by a buyer who had paid part consideration for a property purchased from the Corporate Debtor, seeking execution of the sale deed.
Greenply Industries Ltd. initiated CIRP against Southern Cooling Tower Pvt. Ltd. CA(IB) No. 671/KB/2018 was filed by the RP for approval of the resolution plan. Smt. Ranita Mitra (CA(IB) No. 273/KB/2018) claimed to have lent money to the Corporate Debtor but her claim was not considered by the RP due to delays and lack of substantiation. A property buyer (CA(IB) No. 629/KB/2018) sought execution of a sale deed for a property for which part consideration was paid. The RP had given public announcements for claims. The CoC approved the resolution plan with a 100% vote share. The resolution plan was submitted by Mr. S.K. Mitra, a promoter of Southern Cooling Towers Pvt. Ltd. The RP verified claims and presented them to the CoC. The CoC rejected Smt. Ranita Mitra's claim.
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CP(IB) No. 699/KB/2017 was filed by Sreeply…
The case involves multiple applications (CA(IB) Nos. 273, 629, and 671/KB/2018) filed in relation to the Corporate Insolvency Resolution Process (CIRP) of Southern Cooling Tower Pvt. Ltd. initiated by Greenply Industries Ltd. under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. CA(IB) No. 671/KB/2018 was filed by the Resolution Professional (RP) for approval of a resolution plan under Sections 30(6) and 31 of the IBC. CA(IB) No. 273/KB/2018 was filed by Smt. Ranita Mitra, a creditor, seeking admission of her claim. CA(IB) No. 629/KB/2018 was filed by a buyer who had paid part consideration for a property purchased from the Corporate Debtor, seeking execution of the sale deed.
Greenply Industries Ltd. initiated CIRP against Southern Cooling Tower Pvt. Ltd. CA(IB) No. 671/KB/2018 was filed by the RP for approval of the resolution plan. Smt. Ranita Mitra (CA(IB) No. 273/KB/2018) claimed to have lent money to the Corporate Debtor but her claim was not considered by the RP due to delays and lack of substantiation. A property buyer (CA(IB) No. 629/KB/2018) sought execution of a sale deed for a property for which part consideration was paid. The RP had given public announcements for claims. The CoC approved the resolution plan with a 100% vote share. The resolution plan was submitted by Mr. S.K. Mitra, a promoter of Southern Cooling Towers Pvt. Ltd. The RP verified claims and presented them to the CoC. The CoC rejected Smt. Ranita Mitra's claim.
…Reference to the…
CP(IB) No. 699/KB/2017 was filed by Sreeply…