The application was filed under Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by R.K. Advertising Service, as approved by the Committee of Creditors (CoC) in its 9th CoC Meeting held on 11.05.2024. The Corporate Insolvency Resolution Process (CIRP) was initiated against Dev Versha Publication Private Limited on 26.09.2023, and Mr. Sanjay Kumar Jha was appointed as the Interim Resolution Professional (IRP). Public announcement was made on 15.10.2023. The Resolution Professional received a claim from Virtual Business Solutions Private Limited on 26.10.2023. The CoC was formed, and the first meeting was held on 10.11.2023, where the IRP was authorized to continue as the Resolution
…The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Dev Versha Publication Pvt. Ltd. on 26.09.2023. Mr. Sanjay Kumar Jha was appointed as the Interim Resolution Professional (IRP). A public announcement was made on 15.10.2023, calling for creditors to submit their claims. M/s. Virtual Business Solutions Private Limited submitted a claim on 26.10.2023 for an unsecured loan of INR 1,56,02,226/-. The Committee of Creditors (CoC) was formed, and in its first meeting on 10.11.2023, the IRP was authorized to continue as the Resolution Professional. The Resolution Professional tabled Form-G for inviting Expression of Interest (EOI), which was approved on 04.12.2023. R.K. Advertising submitted an EOI with Earnest Money Deposit (EMD) of Rs. 2,00,000/-
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Corporate Insolvency…
Public Announcement in 'Form A' intimating…
The application was filed under Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by R.K. Advertising Service, as approved by the Committee of Creditors (CoC) in its 9th CoC Meeting held on 11.05.2024. The Corporate Insolvency Resolution Process (CIRP) was initiated against Dev Versha Publication Private Limited on 26.09.2023, and Mr. Sanjay Kumar Jha was appointed as the Interim Resolution Professional (IRP). Public announcement was made on 15.10.2023. The Resolution Professional received a claim from Virtual Business Solutions Private Limited on 26.10.2023. The CoC was formed, and the first meeting was held on 10.11.2023, where the IRP was authorized to continue as the Resolution
…The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Dev Versha Publication Pvt. Ltd. on 26.09.2023. Mr. Sanjay Kumar Jha was appointed as the Interim Resolution Professional (IRP). A public announcement was made on 15.10.2023, calling for creditors to submit their claims. M/s. Virtual Business Solutions Private Limited submitted a claim on 26.10.2023 for an unsecured loan of INR 1,56,02,226/-. The Committee of Creditors (CoC) was formed, and in its first meeting on 10.11.2023, the IRP was authorized to continue as the Resolution Professional. The Resolution Professional tabled Form-G for inviting Expression of Interest (EOI), which was approved on 04.12.2023. R.K. Advertising submitted an EOI with Earnest Money Deposit (EMD) of Rs. 2,00,000/-
…Corporate Insolvency…
Public Announcement in 'Form A' intimating…