The application I.A. No. 654/2023 was filed by the Resolution Professional, Ms. Vineeta Maheshwari, seeking the liquidation of Aaj Ka Anand Papers Limited, the Corporate Debtor, under Section 33(1) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following the admission of a petition under Section 7 of the Code filed by State Bank of India. The Applicant was appointed as the Interim Resolution Professional of the Corporate Debtor by the Tribunal.
The Resolution Professional, Ms. Vineeta Maheshwari, filed an application seeking liquidation of Aaj Ka Anand Papers Limited. The CIRP was initiated after State Bank of India filed a petition under Section 7 of the Code. The Resolution Professional published FORM-G multiple times, receiving EOIs from various parties, including Riddhisiddhi Bullions Limited, Augmont Enterprises Private Limited, Wonder Developers, Mr. Krishnan Agarwal, and Nakshatra Corporate Advisors Limited. The Resolution Applicant submitted a Binding Submission Bond Guarantee (BSBG) of Rs. 1.00 Crore. The CoC sought clarifications on issues pertaining to equity shares, unpaid CIRP costs, source of funds, and claims not admitted by the RP. The RA submitted a revised resolution plan, but the CoC
…Sign in to view the parties.
Tribunal admitted the petition under Section 7…
No party submi…
The application I.A. No. 654/2023 was filed by the Resolution Professional, Ms. Vineeta Maheshwari, seeking the liquidation of Aaj Ka Anand Papers Limited, the Corporate Debtor, under Section 33(1) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following the admission of a petition under Section 7 of the Code filed by State Bank of India. The Applicant was appointed as the Interim Resolution Professional of the Corporate Debtor by the Tribunal.
The Resolution Professional, Ms. Vineeta Maheshwari, filed an application seeking liquidation of Aaj Ka Anand Papers Limited. The CIRP was initiated after State Bank of India filed a petition under Section 7 of the Code. The Resolution Professional published FORM-G multiple times, receiving EOIs from various parties, including Riddhisiddhi Bullions Limited, Augmont Enterprises Private Limited, Wonder Developers, Mr. Krishnan Agarwal, and Nakshatra Corporate Advisors Limited. The Resolution Applicant submitted a Binding Submission Bond Guarantee (BSBG) of Rs. 1.00 Crore. The CoC sought clarifications on issues pertaining to equity shares, unpaid CIRP costs, source of funds, and claims not admitted by the RP. The RA submitted a revised resolution plan, but the CoC
…Tribunal admitted the petition under Section 7…
No party submi…