The Interlocutory Application (IA No. 03/2024) was filed by Mr. Mayur Rajendra Kumar Popat, the Resolution Professional (RP) of Richfeel Health & Beauty Pvt Ltd, seeking approval of the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against Richfeel Health & Beauty Pvt Ltd following an application by the Financial Creditor, Rajul Mehta & Ors., under Section 7 of the Code. The CIRP was initiated on 26.08.2022, and Mr. Anuj Bajpai was appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement inviting claims on 28.08.2022. The Committee of Creditors (CoC) was constituted on 18.09.2022. The resolution plan submitted by the
…Richfeel Health & Beauty Pvt Ltd underwent Corporate Insolvency Resolution Process (CIRP) initiated by Financial Creditor, Rajul Mehta & Ors. The CIRP was triggered under Section 7 of the Insolvency and Bankruptcy Code, 2016. Mr. Anuj Bajpai was appointed as Interim Resolution Professional (IRP), later replaced by Mr. Mayur Rajendra Kumar Popat. A public announcement was made on 28.08.2022 to invite claims. The Committee of Creditors (CoC) was formed on 18.09.2022. The resolution plan was submitted by a consortium of Ms. Bina Mukesh Shah and Ms. Seema Goel, and it was approved by 90.41% of the CoC members in their meeting held on 19.12.2023. The resolution plan involves transferring the Trichology Division of the Corporate Debtor to Resolution Applicant 2 for
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CIRP initiated…
Mr. Anuj Bajpai…
The Interlocutory Application (IA No. 03/2024) was filed by Mr. Mayur Rajendra Kumar Popat, the Resolution Professional (RP) of Richfeel Health & Beauty Pvt Ltd, seeking approval of the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against Richfeel Health & Beauty Pvt Ltd following an application by the Financial Creditor, Rajul Mehta & Ors., under Section 7 of the Code. The CIRP was initiated on 26.08.2022, and Mr. Anuj Bajpai was appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement inviting claims on 28.08.2022. The Committee of Creditors (CoC) was constituted on 18.09.2022. The resolution plan submitted by the
…Richfeel Health & Beauty Pvt Ltd underwent Corporate Insolvency Resolution Process (CIRP) initiated by Financial Creditor, Rajul Mehta & Ors. The CIRP was triggered under Section 7 of the Insolvency and Bankruptcy Code, 2016. Mr. Anuj Bajpai was appointed as Interim Resolution Professional (IRP), later replaced by Mr. Mayur Rajendra Kumar Popat. A public announcement was made on 28.08.2022 to invite claims. The Committee of Creditors (CoC) was formed on 18.09.2022. The resolution plan was submitted by a consortium of Ms. Bina Mukesh Shah and Ms. Seema Goel, and it was approved by 90.41% of the CoC members in their meeting held on 19.12.2023. The resolution plan involves transferring the Trichology Division of the Corporate Debtor to Resolution Applicant 2 for
…CIRP initiated…
Mr. Anuj Bajpai…