The case pertains to an application filed on 18.04.2024 by CS Anagha Anasingaraju, the Resolution Professional (RP) of M/s. Hindustan Eco-Tech Private Limited, seeking approval of the Resolution Plan submitted by M/s. F and K Agro Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated against Hindustan Eco-Tech Private Limited following a petition under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. The RP was appointed, and a public announcement was made, inviting claims from creditors, leading to the constitution of the Committee of Creditors (CoC).
M/s. Hindustan Eco-Tech Private Limited faced Corporate Insolvency Resolution Process (CIRP) following a petition under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. CS Anagha Anasingaraju was appointed as the Resolution Professional (RP). The RP published FORM-G, inviting Expression of Interest (EOI) for submission of Resolution Plans. Five EOIs were received initially, but only two applicants met the eligibility criteria. The CoC opted for re-issuance of FORM-G multiple times, resulting in a total of four EOIs. M/s. F and K Agro Private Limited was declared eligible for submission of a Resolution Plan. The proposed Resolution Plan was considered in multiple meetings of the CoC, and a revised/modified plan was submitted. The Resolution Plan dated
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Corporate Insolvency Resolution Process…
Anagha Anasingaraju…
The case pertains to an application filed on 18.04.2024 by CS Anagha Anasingaraju, the Resolution Professional (RP) of M/s. Hindustan Eco-Tech Private Limited, seeking approval of the Resolution Plan submitted by M/s. F and K Agro Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated against Hindustan Eco-Tech Private Limited following a petition under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. The RP was appointed, and a public announcement was made, inviting claims from creditors, leading to the constitution of the Committee of Creditors (CoC).
M/s. Hindustan Eco-Tech Private Limited faced Corporate Insolvency Resolution Process (CIRP) following a petition under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. CS Anagha Anasingaraju was appointed as the Resolution Professional (RP). The RP published FORM-G, inviting Expression of Interest (EOI) for submission of Resolution Plans. Five EOIs were received initially, but only two applicants met the eligibility criteria. The CoC opted for re-issuance of FORM-G multiple times, resulting in a total of four EOIs. M/s. F and K Agro Private Limited was declared eligible for submission of a Resolution Plan. The proposed Resolution Plan was considered in multiple meetings of the CoC, and a revised/modified plan was submitted. The Resolution Plan dated
…Corporate Insolvency Resolution Process…
Anagha Anasingaraju…