The case involves an application (CA 874/2018) filed by the Resolution Professional (RP) to record the resolution passed by the Committee of Creditors (COC) for terminating the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. The COC has only 3 members, and the decision to terminate the CIRP was unanimously approved. Form FA has also been filed pursuant to the resolution.
The Resolution Professional (RP) filed CA 874/2018 to record the resolution passed by the Committee of Creditors (COC) for terminating the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. The COC consists of only 3 members. The decision to terminate the CIRP was unanimously approved by all 3 members of the COC. Form FA was filed pursuant to the resolution. The RP's application was based on the COC's decision to terminate the CIRP. The relevance of these facts lies in demonstrating the COC's decision-making process and the procedural steps taken to terminate the CIRP.
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Hearing before the New…
CA 874/2018 filed by…
The case involves an application (CA 874/2018) filed by the Resolution Professional (RP) to record the resolution passed by the Committee of Creditors (COC) for terminating the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. The COC has only 3 members, and the decision to terminate the CIRP was unanimously approved. Form FA has also been filed pursuant to the resolution.
The Resolution Professional (RP) filed CA 874/2018 to record the resolution passed by the Committee of Creditors (COC) for terminating the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. The COC consists of only 3 members. The decision to terminate the CIRP was unanimously approved by all 3 members of the COC. Form FA was filed pursuant to the resolution. The RP's application was based on the COC's decision to terminate the CIRP. The relevance of these facts lies in demonstrating the COC's decision-making process and the procedural steps taken to terminate the CIRP.
Hearing before the New…
CA 874/2018 filed by…