This is an application filed by the Committee of Creditors (CoC) represented through HDFC Bank Limited under Section 22(3)(b) of the Insolvency and Bankruptcy Code, 2016, seeking an order for the replacement of the present Interim Resolution Professional (IRP) of the Corporate Debtor, ABP Apparels Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following an application by ABP Apparels Private Limited itself under Section 10 of the Code, which was admitted on 15.06.2023. Mr. Santanu Bhattacharjee was appointed as the IRP. The IRP made a public announcement on 17.06.2023, and the last date for submission of claims was 29.06.2023. The IRP constituted a Committee of Creditors on 07.07.2023, which was later reconstituted on 30.07.2023 due to
…The Corporate Debtor, ABP Apparels Private Limited, initiated Corporate Insolvency Resolution Process (CIRP) by filing an application under Section 10 of the Insolvency and Bankruptcy Code (IBC). The application was admitted on 15.06.2023, and Mr. Santanu Bhattacharjee was appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement on 17.06.2023, with the last date for submission of claims being 29.06.2023. A Committee of Creditors (CoC) was constituted on 07.07.2023 and later reconstituted on 30.07.2023. In a meeting held on 31.07.2023, the CoC resolved to replace the IRP, Mr. Santanu Bhattacharjee, with Mr. Kinjalkumar Madhubhai Chaudhary, with 70.05% voting approval. The CoC filed an application under Section 22(3)(b) of the IBC
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The application filed by ABP Apparels Private…
Mr. Santanu Bhattacharje…
This is an application filed by the Committee of Creditors (CoC) represented through HDFC Bank Limited under Section 22(3)(b) of the Insolvency and Bankruptcy Code, 2016, seeking an order for the replacement of the present Interim Resolution Professional (IRP) of the Corporate Debtor, ABP Apparels Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following an application by ABP Apparels Private Limited itself under Section 10 of the Code, which was admitted on 15.06.2023. Mr. Santanu Bhattacharjee was appointed as the IRP. The IRP made a public announcement on 17.06.2023, and the last date for submission of claims was 29.06.2023. The IRP constituted a Committee of Creditors on 07.07.2023, which was later reconstituted on 30.07.2023 due to
…The Corporate Debtor, ABP Apparels Private Limited, initiated Corporate Insolvency Resolution Process (CIRP) by filing an application under Section 10 of the Insolvency and Bankruptcy Code (IBC). The application was admitted on 15.06.2023, and Mr. Santanu Bhattacharjee was appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement on 17.06.2023, with the last date for submission of claims being 29.06.2023. A Committee of Creditors (CoC) was constituted on 07.07.2023 and later reconstituted on 30.07.2023. In a meeting held on 31.07.2023, the CoC resolved to replace the IRP, Mr. Santanu Bhattacharjee, with Mr. Kinjalkumar Madhubhai Chaudhary, with 70.05% voting approval. The CoC filed an application under Section 22(3)(b) of the IBC
…The application filed by ABP Apparels Private…
Mr. Santanu Bhattacharje…