The case involves an application filed under Section 60(5) r/w Section 54 of the Insolvency and Bankruptcy Code, 2016, and Regulation 14 of IBBI (Liquidation Process) Regulation, 2016, and Rule 11 of NCLT Rules, 2016. The Corporate Applicant, Aesys Technologies India Private Limited, had previously filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, leading to the initiation of CIRP against them. An Interim Resolution Professional (IRP) was appointed. The IRP made a public announcement as per Section 15 of IBC, 2016. The Committee of Creditors (CoC) consisted of only one Operational Creditor, Aesys S.P.A., Italy, with a claim of Rs.1,39,12,542/-. The Income Tax Department (IT) and Registrar of Companies (RoC) were informed about the CIRP,
…Aesys Technologies India Private Limited faced insolvency proceedings. An application was filed under Section 60(5) r/w Section 54 of the Insolvency and Bankruptcy Code, 2016. The Corporate Applicant had previously filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016. CIRP was initiated against the Corporate Applicant, and an Interim Resolution Professional (IRP), Mr. T.Sivagurunathan, was appointed. The IRP made a public announcement as per Section 15 of IBC, 2016. The Committee of Creditors (CoC) consisted of only one Operational Creditor, Aesys S.P.A., Italy, with a claim of Rs.1,39,12,542/-. The Income Tax Department (IT) and Registrar of Companies (RoC) were informed about the CIRP, but no claims were filed by them. The Corporate
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CIRP was initiated…
First meeting of the CoC held on 15.07.2021,…
The case involves an application filed under Section 60(5) r/w Section 54 of the Insolvency and Bankruptcy Code, 2016, and Regulation 14 of IBBI (Liquidation Process) Regulation, 2016, and Rule 11 of NCLT Rules, 2016. The Corporate Applicant, Aesys Technologies India Private Limited, had previously filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, leading to the initiation of CIRP against them. An Interim Resolution Professional (IRP) was appointed. The IRP made a public announcement as per Section 15 of IBC, 2016. The Committee of Creditors (CoC) consisted of only one Operational Creditor, Aesys S.P.A., Italy, with a claim of Rs.1,39,12,542/-. The Income Tax Department (IT) and Registrar of Companies (RoC) were informed about the CIRP,
…Aesys Technologies India Private Limited faced insolvency proceedings. An application was filed under Section 60(5) r/w Section 54 of the Insolvency and Bankruptcy Code, 2016. The Corporate Applicant had previously filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016. CIRP was initiated against the Corporate Applicant, and an Interim Resolution Professional (IRP), Mr. T.Sivagurunathan, was appointed. The IRP made a public announcement as per Section 15 of IBC, 2016. The Committee of Creditors (CoC) consisted of only one Operational Creditor, Aesys S.P.A., Italy, with a claim of Rs.1,39,12,542/-. The Income Tax Department (IT) and Registrar of Companies (RoC) were informed about the CIRP, but no claims were filed by them. The Corporate
…CIRP was initiated…
First meeting of the CoC held on 15.07.2021,…