The application was filed by Mr. Sanjeet Kumar Sharma, the Resolution Professional (RP) of Avalon Rosewood Project- A Unit of M/s. GRJ Distributors and Developers Private Limited, the Corporate Debtor, under Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016, and Regulation 39(4) of the IBBI (CIRP Regulations), 2016, for approval of the Resolution Plan submitted by the Successful Resolution Applicant (SRA), Mr. Vivek Gupta. The CIRP was initiated following an application under Section 7 of the IBC by the Financial Creditor, Mr. Umesh Chander & Ors., against the Corporate Debtor. The CIRP was limited to the Avalon Rosewood Project. Initially, Mr. Piyush Garg was appointed as the Interim Resolution Professional, later replaced by Mr.
…Mr. Umesh Chander & Ors., the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s. GRJ Distributors and Developers Private Limited, the Corporate Debtor, specifically concerning the Avalon Rosewood Project. The Corporate Debtor was incorporated on 23.11.1998. The CIRP was initiated on 16.02.2023. Mr. Piyush Garg was initially appointed as the Interim Resolution Professional, later replaced by Mr. Sanjeet Kumar Sharma. The applicant published Form G on 19.07.2023, receiving two EOIs from Amrapali Fincap Ltd. and Puma Realtors Private Limited. Amrapali Fincap Ltd. submitted a resolution plan, which was rejected by the CoC. The CIRP period was extended by 90 days. A fresh Form G was published on 14.05.2024,
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The application was filed by Mr. Sanjeet Kumar Sharma, the Resolution Professional (RP) of Avalon Rosewood Project- A Unit of M/s. GRJ Distributors and Developers Private Limited, the Corporate Debtor, under Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016, and Regulation 39(4) of the IBBI (CIRP Regulations), 2016, for approval of the Resolution Plan submitted by the Successful Resolution Applicant (SRA), Mr. Vivek Gupta. The CIRP was initiated following an application under Section 7 of the IBC by the Financial Creditor, Mr. Umesh Chander & Ors., against the Corporate Debtor. The CIRP was limited to the Avalon Rosewood Project. Initially, Mr. Piyush Garg was appointed as the Interim Resolution Professional, later replaced by Mr.
…Mr. Umesh Chander & Ors., the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s. GRJ Distributors and Developers Private Limited, the Corporate Debtor, specifically concerning the Avalon Rosewood Project. The Corporate Debtor was incorporated on 23.11.1998. The CIRP was initiated on 16.02.2023. Mr. Piyush Garg was initially appointed as the Interim Resolution Professional, later replaced by Mr. Sanjeet Kumar Sharma. The applicant published Form G on 19.07.2023, receiving two EOIs from Amrapali Fincap Ltd. and Puma Realtors Private Limited. Amrapali Fincap Ltd. submitted a resolution plan, which was rejected by the CoC. The CIRP period was extended by 90 days. A fresh Form G was published on 14.05.2024,
…The Corporate…
Mr. Sanjeet Kumar Sharma was appointed as…
Sign in to view related legal provisions.