The legal document pertains to an application (IA (IBC) Plan No. 1/2025) filed in connection with the Corporate Insolvency Resolution Process (CIRP) of M/s. Leo Meridian Infrastructure Projects & Hotels Ltd. The application seeks approval of the resolution plan submitted by the Successful Resolution Applicant (SRA), M/s. Jalavihar Entertainment Private Limited Consortium (JEPL Consortium/SRA). The CIRP was initiated following a petition filed by Andhra Bank (now Union Bank of India) under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Committee of Creditors (COC) approved the resolution plan in its 78th meeting with a 100% voting share.
Andhra Bank (now Union Bank of India) filed CP(IB) No. 43/7/HDB/2018, leading to the initiation of CIRP against M/s. Leo Meridian Infrastructure Projects & Hotels Ltd. (CD/LMIPHL). The application for approval of the resolution plan, IA (IBC) Plan No. 1/2025, was filed by the Resolution Professional. The Committee of Creditors (COC) approved the resolution plan submitted by M/s. Jalavihar Entertainment Private Limited Consortium (JEPL Consortium/SRA) with 100% voting share in its 78th meeting held on 31.12.2024. The e-voting concluded on 15.01.2025. The resolution plan involves a total payout of Rs. 237.00 crores to various stakeholders. The RP invited Expression of Interest from Prospective Resolution Applicants (PRAs), leading to the submission of resolution
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Company Petition CP(IB)…
Admission Order issued, commencing CIRP against…
The legal document pertains to an application (IA (IBC) Plan No. 1/2025) filed in connection with the Corporate Insolvency Resolution Process (CIRP) of M/s. Leo Meridian Infrastructure Projects & Hotels Ltd. The application seeks approval of the resolution plan submitted by the Successful Resolution Applicant (SRA), M/s. Jalavihar Entertainment Private Limited Consortium (JEPL Consortium/SRA). The CIRP was initiated following a petition filed by Andhra Bank (now Union Bank of India) under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Committee of Creditors (COC) approved the resolution plan in its 78th meeting with a 100% voting share.
Andhra Bank (now Union Bank of India) filed CP(IB) No. 43/7/HDB/2018, leading to the initiation of CIRP against M/s. Leo Meridian Infrastructure Projects & Hotels Ltd. (CD/LMIPHL). The application for approval of the resolution plan, IA (IBC) Plan No. 1/2025, was filed by the Resolution Professional. The Committee of Creditors (COC) approved the resolution plan submitted by M/s. Jalavihar Entertainment Private Limited Consortium (JEPL Consortium/SRA) with 100% voting share in its 78th meeting held on 31.12.2024. The e-voting concluded on 15.01.2025. The resolution plan involves a total payout of Rs. 237.00 crores to various stakeholders. The RP invited Expression of Interest from Prospective Resolution Applicants (PRAs), leading to the submission of resolution
…Company Petition CP(IB)…
Admission Order issued, commencing CIRP against…