The case pertains to an application filed by the Interim Resolution Professional (IRP) under Section 30 and 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan for Osian's Connoisseurs of Art Pvt Ltd, which was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 09.12.2021. The IRP, Mr. Girish Siriram Juneja, was appointed following the initiation of CIRP. The resolution plan was approved by the Committee of Creditors (CoC) with 100% votes in favor.
M/s. Osian's Connoisseurs of Art Pvt Ltd ('Corporate Debtor') was admitted into Corporate Insolvency Resolution Process ('CIRP') vide order dated 09.12.2021 under Section 7 of the Code. Mr. Girish Siriram Juneja was appointed as the Interim Resolution Professional ('IRP'). The IRP made a public announcement regarding the commencement of CIRP and invited proof of claim from the creditors. The applicant received claims for Rs.611,56,27,734/- out of which Rs.557,79,46,861/- has been admitted. The Committee of Creditors (‘CoC') was constituted on 06.01.2022. The applicant submits that as on the date of filing the Application, 10 CoC meetings have been held during CIRP period. The Expressions of Interest (‘EOIs') were invited by publication of Form G on 26.02.2022 and
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Osian's Connoisseurs of Art Pvt Ltd was…
Public announcement regarding commencement of…
The case pertains to an application filed by the Interim Resolution Professional (IRP) under Section 30 and 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan for Osian's Connoisseurs of Art Pvt Ltd, which was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 09.12.2021. The IRP, Mr. Girish Siriram Juneja, was appointed following the initiation of CIRP. The resolution plan was approved by the Committee of Creditors (CoC) with 100% votes in favor.
M/s. Osian's Connoisseurs of Art Pvt Ltd ('Corporate Debtor') was admitted into Corporate Insolvency Resolution Process ('CIRP') vide order dated 09.12.2021 under Section 7 of the Code. Mr. Girish Siriram Juneja was appointed as the Interim Resolution Professional ('IRP'). The IRP made a public announcement regarding the commencement of CIRP and invited proof of claim from the creditors. The applicant received claims for Rs.611,56,27,734/- out of which Rs.557,79,46,861/- has been admitted. The Committee of Creditors (‘CoC') was constituted on 06.01.2022. The applicant submits that as on the date of filing the Application, 10 CoC meetings have been held during CIRP period. The Expressions of Interest (‘EOIs') were invited by publication of Form G on 26.02.2022 and
…Osian's Connoisseurs of Art Pvt Ltd was…
Public announcement regarding commencement of…