An application was filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, for the initiation of liquidation of the Corporate Debtor, Supreme Polytubes Limited. The application was filed by the Resolution Professional, Mr. Anurag Goel.
An insolvency petition was filed under Section 9 of the Code by the Operational Creditor for initiating CIRP against Supreme Polytubes Limited.
The petition was admitted on 18.08.2023, and Mr. Sandeep Kumar Chitkara was appointed as Interim Resolution Professional.
The CoC was formed, consisting of Punjab National Bank as the sole financial creditor with 100% voting share.
The CoC resolved to appoint Mr. Anurag Goel as the RP.
The CoC resolved to liquidate the corporate debtor as no resolution plan was received.
The CoC approved the appointment of Mr. Mukesh Kumar Jain as the liquidator.
The estimated liquidation cost was approved as Rs. 14.00 Lakhs.
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Corporate debtor was…
Mr. Sandeep Kumar…
An application was filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, for the initiation of liquidation of the Corporate Debtor, Supreme Polytubes Limited. The application was filed by the Resolution Professional, Mr. Anurag Goel.
An insolvency petition was filed under Section 9 of the Code by the Operational Creditor for initiating CIRP against Supreme Polytubes Limited.
The petition was admitted on 18.08.2023, and Mr. Sandeep Kumar Chitkara was appointed as Interim Resolution Professional.
The CoC was formed, consisting of Punjab National Bank as the sole financial creditor with 100% voting share.
The CoC resolved to appoint Mr. Anurag Goel as the RP.
The CoC resolved to liquidate the corporate debtor as no resolution plan was received.
The CoC approved the appointment of Mr. Mukesh Kumar Jain as the liquidator.
The estimated liquidation cost was approved as Rs. 14.00 Lakhs.
Corporate debtor was…
Mr. Sandeep Kumar…