The case involves an Interlocutory Application (IA 3924/2024) filed in a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The applicant, Bank of Baroda, sought the replacement of the existing Interim Resolution Professional (IRP), Mr. Vishnu Kant Kabra, with Mrs. Megha Agrawal as the Resolution Professional for the Corporate Applicant, Anmol Steel Processors Private Limited. The Committee of Creditors (CoC) had resolved to appoint Mrs. Agrawal.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Anmol Steel Processors Private Limited. Mr. Vishnu Kant Kabra was initially appointed as the Interim Resolution Professional (IRP). Bank of Baroda, a secured financial creditor with a claim of Rs. 136,82,46,565/- as of 19.03.2024 and 61.56% voting rights, filed an application to replace Mr. Kabra with Mrs. Megha Agrawal as the Resolution Professional. The Committee of Creditors (CoC), comprising Bank of Baroda and State Bank of India, was duly constituted on 5th April 2024. The CoC unanimously resolved to appoint Mrs. Megha Agrawal as the Resolution Professional in their meeting held on 19.06.2024. Mrs. Agrawal also provided her consent to act as the Resolution Professional. The IRP had made a
…Sign in to view the parties.
The Committee of Creditors (CoC) was duly…
Bank of Baroda…
The case involves an Interlocutory Application (IA 3924/2024) filed in a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The applicant, Bank of Baroda, sought the replacement of the existing Interim Resolution Professional (IRP), Mr. Vishnu Kant Kabra, with Mrs. Megha Agrawal as the Resolution Professional for the Corporate Applicant, Anmol Steel Processors Private Limited. The Committee of Creditors (CoC) had resolved to appoint Mrs. Agrawal.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Anmol Steel Processors Private Limited. Mr. Vishnu Kant Kabra was initially appointed as the Interim Resolution Professional (IRP). Bank of Baroda, a secured financial creditor with a claim of Rs. 136,82,46,565/- as of 19.03.2024 and 61.56% voting rights, filed an application to replace Mr. Kabra with Mrs. Megha Agrawal as the Resolution Professional. The Committee of Creditors (CoC), comprising Bank of Baroda and State Bank of India, was duly constituted on 5th April 2024. The CoC unanimously resolved to appoint Mrs. Megha Agrawal as the Resolution Professional in their meeting held on 19.06.2024. Mrs. Agrawal also provided her consent to act as the Resolution Professional. The IRP had made a
…The Committee of Creditors (CoC) was duly…
Bank of Baroda…