The case pertains to IA No.377 of 2021 in C.P.(IB) No.192/BB/2020 filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by M/s Gangamma Industries against M/s Acthon Energy LLP. The application sought initiation of Corporate Insolvency Resolution Process (CIRP) against M/s. Acthon Energy LLP, which was admitted on 09.11.2020. Mr. Vasudevan Navaneeth was appointed as Interim Resolution Professional (IRP). The CoC approved the resolution seeking liquidation of the Corporate Debtor.
M/s Gangamma Industries filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Acthon Energy LLP. The application was admitted on 09.11.2020. Mr. Vasudevan Navaneeth was appointed as the Interim Resolution Professional (IRP). Public announcement was issued on 28.11.2020, calling upon the creditors of the Respondent to submit proof of their claims on or before 11.12.2020. The first CoC meeting was held on 22.12.2020, where the applicant was appointed as the Resolution Professional and the CoC appointed two sets of registered valuers for valuation of the Stock & Fixed Assets and the Financial Assets. The second CoC meeting was held on 10.02.2021, approving publication of
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Application for CIRP…
Public announcement…
The case pertains to IA No.377 of 2021 in C.P.(IB) No.192/BB/2020 filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by M/s Gangamma Industries against M/s Acthon Energy LLP. The application sought initiation of Corporate Insolvency Resolution Process (CIRP) against M/s. Acthon Energy LLP, which was admitted on 09.11.2020. Mr. Vasudevan Navaneeth was appointed as Interim Resolution Professional (IRP). The CoC approved the resolution seeking liquidation of the Corporate Debtor.
M/s Gangamma Industries filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Acthon Energy LLP. The application was admitted on 09.11.2020. Mr. Vasudevan Navaneeth was appointed as the Interim Resolution Professional (IRP). Public announcement was issued on 28.11.2020, calling upon the creditors of the Respondent to submit proof of their claims on or before 11.12.2020. The first CoC meeting was held on 22.12.2020, where the applicant was appointed as the Resolution Professional and the CoC appointed two sets of registered valuers for valuation of the Stock & Fixed Assets and the Financial Assets. The second CoC meeting was held on 10.02.2021, approving publication of
…Application for CIRP…
Public announcement…