The application IA No.416/2021 was filed by Mr. Anup Sood, the Resolution Professional of M/s Anand Tex India Pvt. Ltd., under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016, for approval of the resolution plan. The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s Anand Tex India Pvt. Ltd. The resolution plan was approved by 100% voting share of the Committee of Creditors (CoC) in its 12th meeting held on 14.05.2021. The Company Petition bearing CP (IB) No.135/Chd/Hry/2018 was filed by the Financial Creditor-Bank of India against the Corporate Debtor and was admitted into CIRP vide order dated 29.11.2019. Mr. Anup Sood was appointed as Interim Resolution Professional (IRP) and later confirmed as Resolution
…The case pertains to the Corporate Insolvency Resolution Process (CIRP) of M/s Anand Tex India Pvt. Ltd. initiated by Bank of India, the Financial Creditor, under the Insolvency and Bankruptcy Code, 2016. The CIRP was triggered due to the corporate debtor's default, leading to the filing of CP (IB) No.135/Chd/Hry/2018, which was admitted on 29.11.2019. Mr. Anup Sood was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). The Committee of Creditors (CoC), consisting solely of Bank of India, was formed, and several meetings were conducted to explore resolution options. The RP invited Expression of Interest (EOI) through Form G, and Mrs. Kanta Garg, the wife of the suspended director, submitted a resolution plan.
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CP (IB) No.135/Chd/Hry/2018 was filed by the…
The Company Petition was admitted into the…
The application IA No.416/2021 was filed by Mr. Anup Sood, the Resolution Professional of M/s Anand Tex India Pvt. Ltd., under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016, for approval of the resolution plan. The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s Anand Tex India Pvt. Ltd. The resolution plan was approved by 100% voting share of the Committee of Creditors (CoC) in its 12th meeting held on 14.05.2021. The Company Petition bearing CP (IB) No.135/Chd/Hry/2018 was filed by the Financial Creditor-Bank of India against the Corporate Debtor and was admitted into CIRP vide order dated 29.11.2019. Mr. Anup Sood was appointed as Interim Resolution Professional (IRP) and later confirmed as Resolution
…The case pertains to the Corporate Insolvency Resolution Process (CIRP) of M/s Anand Tex India Pvt. Ltd. initiated by Bank of India, the Financial Creditor, under the Insolvency and Bankruptcy Code, 2016. The CIRP was triggered due to the corporate debtor's default, leading to the filing of CP (IB) No.135/Chd/Hry/2018, which was admitted on 29.11.2019. Mr. Anup Sood was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). The Committee of Creditors (CoC), consisting solely of Bank of India, was formed, and several meetings were conducted to explore resolution options. The RP invited Expression of Interest (EOI) through Form G, and Mrs. Kanta Garg, the wife of the suspended director, submitted a resolution plan.
…CP (IB) No.135/Chd/Hry/2018 was filed by the…
The Company Petition was admitted into the…