The case involves an application filed under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016, seeking approval of a resolution plan for Sambandh Finderve Private Limited, the Corporate Debtor.
The Corporate Debtor was admitted into CIRP on 05.09.2024 for a default of Rs. 47,74,79,929/-.
Saridendu Jena was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP).
A public announcement was made on 07.09.2024 in the 'Times of India' and 'Prameya', with the last date for filing claims being 19.09.2024.
The CoC was initially constituted with 25 members, later increased to 32 members.
The RP received 12 Expressions of Interest (EoIs) initially, which increased to 13 after revisions to the eligibility criteria.
The 7th CoC meeting approved the Request for Resolution Plan Document (RFRP), with a submission deadline of 23.02.2025.
…Sign in to view the parties.
Corporate D…
Public announcement…
The case involves an application filed under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016, seeking approval of a resolution plan for Sambandh Finderve Private Limited, the Corporate Debtor.
The Corporate Debtor was admitted into CIRP on 05.09.2024 for a default of Rs. 47,74,79,929/-.
Saridendu Jena was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP).
A public announcement was made on 07.09.2024 in the 'Times of India' and 'Prameya', with the last date for filing claims being 19.09.2024.
The CoC was initially constituted with 25 members, later increased to 32 members.
The RP received 12 Expressions of Interest (EoIs) initially, which increased to 13 after revisions to the eligibility criteria.
The 7th CoC meeting approved the Request for Resolution Plan Document (RFRP), with a submission deadline of 23.02.2025.
…Corporate D…
Public announcement…