The case pertains to the Corporate Insolvency Resolution Process (CIRP) of M/s Sunlight Extrusion Private Limited. The Adjudicating Authority admitted the Corporate Debtor into CIRP on February 25, 2020, and appointed Mr. Abhishek Nagori as the Interim Resolution Professional (IRP). Public announcements were made, and claims were invited from creditors. Several meetings of the Committee of Creditors (CoC) were held to explore resolution plans. Despite multiple attempts, no viable resolution plan was received. The CoC ultimately resolved to initiate the liquidation process of the Corporate Debtor.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) for Sunlight Extrusion Private Limited on February 25, 2020, appointing Abhishek Nagori as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors. The IRP compiled a list of creditors and presented it to the National Company Law Tribunal (NCLT). The first meeting of the Committee of Creditors (CoC) was held on June 16, 2020, where Abhishek Nagori was appointed as the Resolution Professional (RP). Subsequent CoC meetings discussed the submission of resolution plans, with the last date set for September 24, 2020. An extension of 90 days was granted to complete the CIRP. Despite these efforts, only one resolution applicant, Ramdev
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The Adjudicating Authority admitted the…
Public announcement was made in newspapers…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) of M/s Sunlight Extrusion Private Limited. The Adjudicating Authority admitted the Corporate Debtor into CIRP on February 25, 2020, and appointed Mr. Abhishek Nagori as the Interim Resolution Professional (IRP). Public announcements were made, and claims were invited from creditors. Several meetings of the Committee of Creditors (CoC) were held to explore resolution plans. Despite multiple attempts, no viable resolution plan was received. The CoC ultimately resolved to initiate the liquidation process of the Corporate Debtor.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) for Sunlight Extrusion Private Limited on February 25, 2020, appointing Abhishek Nagori as the Interim Resolution Professional (IRP). Public announcements were made to invite claims from creditors. The IRP compiled a list of creditors and presented it to the National Company Law Tribunal (NCLT). The first meeting of the Committee of Creditors (CoC) was held on June 16, 2020, where Abhishek Nagori was appointed as the Resolution Professional (RP). Subsequent CoC meetings discussed the submission of resolution plans, with the last date set for September 24, 2020. An extension of 90 days was granted to complete the CIRP. Despite these efforts, only one resolution applicant, Ramdev
…The Adjudicating Authority admitted the…
Public announcement was made in newspapers…