The case involves an Interlocutory Application (IA) filed by Axis Bank Limited, acting on behalf of the Committee of Creditors (CoC) of Tribhovandas Bhimji Zaveri & Sons Retail Private Limited, seeking approval for replacing the Interim Resolution Professional (IRP), Mr. Hemant Shah, with Mr. Saurabh Tikmani as the Resolution Professional (RP) of the Corporate Debtor. The Adjudicating Authority had previously admitted a petition under section 9 of the IBC and initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, appointing Mr. Harshul Anilkant Shah as the IRP. The public announcement of the CIRP was made on 20.12.2019. Meanwhile, Mr. Hemant Zaveri challenged the admission order before the NCLAT.
Axis Bank Limited, acting on behalf of the Committee of Creditors (CoC) of Tribhovandas Bhimji Zaveri & Sons Retail Private Limited, filed an Interlocutory Application (IA) seeking approval to replace Mr. Hemant Shah, the Interim Resolution Professional (IRP), with Mr. Saurabh Tikmani as the Resolution Professional (RP) of the Corporate Debtor. The Adjudicating Authority had previously admitted a petition under section 9 of the IBC and initiated the Corporate Insolvency Resolution Process (CIRP) against Tribhovandas Bhimji Zaveri & Sons Retail Private Limited, appointing Mr. Harshul Anilkant Shah as the IRP. The public announcement of the CIRP was made on 20.12.2019. Mr. Hemant Zaveri challenged the admission order before the NCLAT. The CoC resolved to appoint
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The Adjudicating Authority admitted the…
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The case involves an Interlocutory Application (IA) filed by Axis Bank Limited, acting on behalf of the Committee of Creditors (CoC) of Tribhovandas Bhimji Zaveri & Sons Retail Private Limited, seeking approval for replacing the Interim Resolution Professional (IRP), Mr. Hemant Shah, with Mr. Saurabh Tikmani as the Resolution Professional (RP) of the Corporate Debtor. The Adjudicating Authority had previously admitted a petition under section 9 of the IBC and initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, appointing Mr. Harshul Anilkant Shah as the IRP. The public announcement of the CIRP was made on 20.12.2019. Meanwhile, Mr. Hemant Zaveri challenged the admission order before the NCLAT.
Axis Bank Limited, acting on behalf of the Committee of Creditors (CoC) of Tribhovandas Bhimji Zaveri & Sons Retail Private Limited, filed an Interlocutory Application (IA) seeking approval to replace Mr. Hemant Shah, the Interim Resolution Professional (IRP), with Mr. Saurabh Tikmani as the Resolution Professional (RP) of the Corporate Debtor. The Adjudicating Authority had previously admitted a petition under section 9 of the IBC and initiated the Corporate Insolvency Resolution Process (CIRP) against Tribhovandas Bhimji Zaveri & Sons Retail Private Limited, appointing Mr. Harshul Anilkant Shah as the IRP. The public announcement of the CIRP was made on 20.12.2019. Mr. Hemant Zaveri challenged the admission order before the NCLAT. The CoC resolved to appoint
…The Adjudicating Authority admitted the…
Public announcement of…