The case pertains to an application filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, seeking an order for the liquidation of the Corporate Debtor, M/s. Cape Engineers Private Limited.
An application was filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 for liquidation of M/s. Cape Engineers Private Limited.
The Corporate Insolvency Resolution Process (CIRP) was initiated on 06.09.2019, and Mr. J. Manivannan was appointed as Interim Resolution Professional (IRP).
The CoC resolved to appoint the Applicant, S. Rajendran, as the Resolution Professional (RP) in its second meeting held on 11.11.2019.
The Resolution Professional invited 'Expression of Interest' (EoI) in newspapers on 27.01.2020 for submission of Resolution Plans.
Four EOIs were received as on 25.02.2020, and the CoC extended the CIRP period by 90 days.
Three resolution plans were received, including from promoters, but were rejected by the CoC in the 8th meeting.
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Corporate Insolvency Resolution Process (CIRP)…
CoC resolved to appoint…
The case pertains to an application filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, seeking an order for the liquidation of the Corporate Debtor, M/s. Cape Engineers Private Limited.
An application was filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 for liquidation of M/s. Cape Engineers Private Limited.
The Corporate Insolvency Resolution Process (CIRP) was initiated on 06.09.2019, and Mr. J. Manivannan was appointed as Interim Resolution Professional (IRP).
The CoC resolved to appoint the Applicant, S. Rajendran, as the Resolution Professional (RP) in its second meeting held on 11.11.2019.
The Resolution Professional invited 'Expression of Interest' (EoI) in newspapers on 27.01.2020 for submission of Resolution Plans.
Four EOIs were received as on 25.02.2020, and the CoC extended the CIRP period by 90 days.
Three resolution plans were received, including from promoters, but were rejected by the CoC in the 8th meeting.
…Corporate Insolvency Resolution Process (CIRP)…
CoC resolved to appoint…