The case pertains to an application (IA No.409/2023) filed by the Resolution Professional (RP), Anshul Pathania, of M/s Dehradun Integrated Arena Limited, under Section 30(6) r/w Section 31 of the Insolvency & Bankruptcy Code, 2016, read with Regulation 39 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, for the approval of the Resolution Plan. The Corporate Insolvency Resolution Process (CIRP) was initiated based on a Company Petition CP (IB) No.118/ALD/2020 filed under Section 10 of the Code, which was admitted on 02.03.2022. The RP constituted the Committee of Creditors (CoC) and invited Expression of Interest (EOI) from potential Resolution Applicants. Several CoC meetings were held to discuss and evaluate the resolution
…M/s Dehradun Integrated Arena Limited underwent Corporate Insolvency Resolution Process (CIRP) following the admission of a petition under Section 10 of the Insolvency and Bankruptcy Code (IBC). Anshul Pathania was appointed as the Resolution Professional (RP). The RP constituted a Committee of Creditors (CoC), which included operational creditors like Knight Frank (India) Private Limited, Golf Design, and Turfcare LLP. Initially, IL&FS Township and Urban Assets Limited (ITUAL), the sole financial creditor, was not allowed to participate in the CoC meetings due to being a related party, but the Tribunal later directed the RP to reconstitute the CoC to include ITUAL. The RP received multiple resolution plans and the CoC approved the plan submitted by Tribar
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Company Petition CP…
The petition was…
The case pertains to an application (IA No.409/2023) filed by the Resolution Professional (RP), Anshul Pathania, of M/s Dehradun Integrated Arena Limited, under Section 30(6) r/w Section 31 of the Insolvency & Bankruptcy Code, 2016, read with Regulation 39 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, for the approval of the Resolution Plan. The Corporate Insolvency Resolution Process (CIRP) was initiated based on a Company Petition CP (IB) No.118/ALD/2020 filed under Section 10 of the Code, which was admitted on 02.03.2022. The RP constituted the Committee of Creditors (CoC) and invited Expression of Interest (EOI) from potential Resolution Applicants. Several CoC meetings were held to discuss and evaluate the resolution
…M/s Dehradun Integrated Arena Limited underwent Corporate Insolvency Resolution Process (CIRP) following the admission of a petition under Section 10 of the Insolvency and Bankruptcy Code (IBC). Anshul Pathania was appointed as the Resolution Professional (RP). The RP constituted a Committee of Creditors (CoC), which included operational creditors like Knight Frank (India) Private Limited, Golf Design, and Turfcare LLP. Initially, IL&FS Township and Urban Assets Limited (ITUAL), the sole financial creditor, was not allowed to participate in the CoC meetings due to being a related party, but the Tribunal later directed the RP to reconstitute the CoC to include ITUAL. The RP received multiple resolution plans and the CoC approved the plan submitted by Tribar
…Company Petition CP…
The petition was…