The application is filed under Section 33 of the Insolvency & Bankruptcy Code, 2016 by Mr. Sanjay Mehra, RP of M/s Presscom Products Private Limited, seeking liquidation of the Corporate Debtor.
The Corporate Insolvency Resolution Process (CIRP) was initiated vide order dated 04.11.2022.
Mr. Sanjay Mehra was appointed as the Interim Resolution Professional (IRP) vide order dated 04.11.2022.
The Corporate Debtor is a private limited company incorporated on 02.12.1998.
The Corporate Debtor is a Corporate Guarantor for loans availed by M/s Venture Power Systems Private Limited from Bank of India.
Public announcements were made on 17.11.2022, and claims were invited.
The Committee of Creditors (CoC) was constituted on 08.12.2022.
The first meeting of the CoC was held on 14.12.2022.
The Applicant sent several reminders to the suspended directors regarding handover of documents.
The CoC decided to file an application for Liquidation on 20.03.2023.
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CIRP com…
Mr. Sanjay…
The application is filed under Section 33 of the Insolvency & Bankruptcy Code, 2016 by Mr. Sanjay Mehra, RP of M/s Presscom Products Private Limited, seeking liquidation of the Corporate Debtor.
The Corporate Insolvency Resolution Process (CIRP) was initiated vide order dated 04.11.2022.
Mr. Sanjay Mehra was appointed as the Interim Resolution Professional (IRP) vide order dated 04.11.2022.
The Corporate Debtor is a private limited company incorporated on 02.12.1998.
The Corporate Debtor is a Corporate Guarantor for loans availed by M/s Venture Power Systems Private Limited from Bank of India.
Public announcements were made on 17.11.2022, and claims were invited.
The Committee of Creditors (CoC) was constituted on 08.12.2022.
The first meeting of the CoC was held on 14.12.2022.
The Applicant sent several reminders to the suspended directors regarding handover of documents.
The CoC decided to file an application for Liquidation on 20.03.2023.
…CIRP com…
Mr. Sanjay…