The case involves an application under Section 33 of the Insolvency and Bankruptcy Code, 2016, filed by the Resolution Professional (RP) of Sunshine Infraengineers India Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition by Vind Infra Power Private Limited, an Operational Creditor. The petition was admitted on 2018-12-12 by the NCLT, Hyderabad Bench, and a moratorium was declared. The RP was appointed, and a Committee of Creditors (CoC) was formed. Despite efforts, the RP faced non-cooperation from the company's directors and Key Managerial Personnel (KMP), hindering the resolution process.
Vind Infra Power Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against Sunshine Infraengineers India Private Limited by filing CP (IB) No. 560/9/HDB/2018, which was admitted on 2018-12-12 by NCLT Hyderabad. An Interim Resolution Professional was appointed, and a moratorium was declared. A Committee of Creditors (CoC) was constituted on 2019-01-03. The CoC appointed the applicant as the Resolution Professional (RP) on 2019-02-08. The RP made public announcements on 2018-12-14. The RP faced difficulties in locating the company's registered office and obtaining information from the directors and Key Managerial Personnel (KMP). As of 2018-03-31, an amount of Rs. 20,85,89,852/- was outstanding against the company. An order dated 2019-04-23 from
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The NCLT, Hyderabad Bench, admitted the…
The Resolution Professional made public…
The case involves an application under Section 33 of the Insolvency and Bankruptcy Code, 2016, filed by the Resolution Professional (RP) of Sunshine Infraengineers India Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition by Vind Infra Power Private Limited, an Operational Creditor. The petition was admitted on 2018-12-12 by the NCLT, Hyderabad Bench, and a moratorium was declared. The RP was appointed, and a Committee of Creditors (CoC) was formed. Despite efforts, the RP faced non-cooperation from the company's directors and Key Managerial Personnel (KMP), hindering the resolution process.
Vind Infra Power Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against Sunshine Infraengineers India Private Limited by filing CP (IB) No. 560/9/HDB/2018, which was admitted on 2018-12-12 by NCLT Hyderabad. An Interim Resolution Professional was appointed, and a moratorium was declared. A Committee of Creditors (CoC) was constituted on 2019-01-03. The CoC appointed the applicant as the Resolution Professional (RP) on 2019-02-08. The RP made public announcements on 2018-12-14. The RP faced difficulties in locating the company's registered office and obtaining information from the directors and Key Managerial Personnel (KMP). As of 2018-03-31, an amount of Rs. 20,85,89,852/- was outstanding against the company. An order dated 2019-04-23 from
…The NCLT, Hyderabad Bench, admitted the…
The Resolution Professional made public…