Canara Bank, as the financial creditor, filed an application under Section 33 of the Insolvency and Bankruptcy Code, 2016, seeking a liquidation order for Grids Steel & Alloys Limited, the corporate debtor. The corporate debtor was admitted into CIRP on 31.01.2023.
The Corporate Debtor was admitted into CIRP vide order dated 31.01.2023.
Mr. Giridhari Lal Sharma was appointed as the Interim Resolution Professional.
The CoC, comprised of Canara Bank, resolved to appoint the IRP as Resolution Professional.
The Resolution Professional published an invitation for expression of interest via FORM G.
The suspended board of Directors filed a Writ petition before the Hon'ble High Court of Orissa, challenging the order dated 26.06.2023.
The Hon'ble High Court granted a stay on the order passed by the Tribunal.
The CoC resolved to exclude the CIRP period due to the stay order.
The Hon'ble High Court dismissed the writ petition and vacated the stay order.
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The Corporate Debtor…
The IRP made a public…
Canara Bank, as the financial creditor, filed an application under Section 33 of the Insolvency and Bankruptcy Code, 2016, seeking a liquidation order for Grids Steel & Alloys Limited, the corporate debtor. The corporate debtor was admitted into CIRP on 31.01.2023.
The Corporate Debtor was admitted into CIRP vide order dated 31.01.2023.
Mr. Giridhari Lal Sharma was appointed as the Interim Resolution Professional.
The CoC, comprised of Canara Bank, resolved to appoint the IRP as Resolution Professional.
The Resolution Professional published an invitation for expression of interest via FORM G.
The suspended board of Directors filed a Writ petition before the Hon'ble High Court of Orissa, challenging the order dated 26.06.2023.
The Hon'ble High Court granted a stay on the order passed by the Tribunal.
The CoC resolved to exclude the CIRP period due to the stay order.
The Hon'ble High Court dismissed the writ petition and vacated the stay order.
…The Corporate Debtor…
The IRP made a public…