The case pertains to an application filed under section 30(6) and section 31(1) of the Insolvency & Bankruptcy Code, 2016, read with regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, for approval of a Resolution Plan for Amrit Agrovet Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition filed by Jeco Agrovet Private Limited against Amrit Agrovet Private Limited under section 9 of the Insolvency and Bankruptcy Code 2016, which was admitted vide order dated 12 March 2020. The Resolution Professional (RP), Mr. Soumitra Lahiri, filed the application after the Committee of Creditors (CoC) approved the resolution plan.
Jeco Agrovet Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against Amrit Agrovet Private Limited by filing a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC), which was admitted on March 12, 2020. An Interim Resolution Professional (IRP) was initially appointed, followed by the appointment of Mr. Soumitra Lahiri as the Resolution Professional (RP) on November 22, 2021. The IRP made a public announcement on March 21, 2020, calling for claims from creditors. The Committee of Creditors (CoC) was constituted with Axis Bank as the sole secured Financial Creditor. Six CoC meetings were held during the CIRP period. Expressions of Interest (EoI) were invited, resulting in two Resolution Plans from Sunrise Industries and Green
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C.P. (IB) No. 312/KB/2018 was filed by Jeco…
The petition filed under section 9 of the…
The case pertains to an application filed under section 30(6) and section 31(1) of the Insolvency & Bankruptcy Code, 2016, read with regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, for approval of a Resolution Plan for Amrit Agrovet Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition filed by Jeco Agrovet Private Limited against Amrit Agrovet Private Limited under section 9 of the Insolvency and Bankruptcy Code 2016, which was admitted vide order dated 12 March 2020. The Resolution Professional (RP), Mr. Soumitra Lahiri, filed the application after the Committee of Creditors (CoC) approved the resolution plan.
Jeco Agrovet Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against Amrit Agrovet Private Limited by filing a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC), which was admitted on March 12, 2020. An Interim Resolution Professional (IRP) was initially appointed, followed by the appointment of Mr. Soumitra Lahiri as the Resolution Professional (RP) on November 22, 2021. The IRP made a public announcement on March 21, 2020, calling for claims from creditors. The Committee of Creditors (CoC) was constituted with Axis Bank as the sole secured Financial Creditor. Six CoC meetings were held during the CIRP period. Expressions of Interest (EoI) were invited, resulting in two Resolution Plans from Sunrise Industries and Green
…C.P. (IB) No. 312/KB/2018 was filed by Jeco…
The petition filed under section 9 of the…