The application was filed under Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by M/s Vigyashree Infrastructure Private Limited, which was approved by the Committee of Creditors (CoC) in its 4th CoC Meeting held on 30.12.2022 with 100% voting shares. The Corporate Insolvency Resolution Process (CIRP) against Sadhna Communications Pvt. Ltd was initiated on 19.07.2022, and Mr. Manoj Kulshrestha was appointed as the Interim Resolution Professional (IRP). The IRP constituted a Committee of Creditors (CoC) comprising of sole Financial Creditor, Mr. Subodh Kumar Nath. The IRP convened the first CoC meeting on 17.08.2022, where Mr. Manoj Kulshrestha was appointed as the Resolution
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Sadhna Communications Pvt. Ltd. on 19.07.2022. Mr. Manoj Kulshrestha was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). The Committee of Creditors (CoC) consisted of a sole financial creditor, Mr. Subodh Kumar Nath. The RP received one Expression of Interest (EOI) from M/s Vigyashree Infrastructure Private Limited. The Resolution Applicant (Vigyashree Infrastructure Private Limited) submitted a Resolution Plan, which was approved by the CoC with 100% voting share on 30.12.2022. The Resolution Applicant proposed an amount of Rs. 1,26,00,000/- including the CIRP cost. The average fair value and liquidation value of the Corporate Debtor are Rs.
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Corporate Insolvency…
Mr. Manoj Kulshrestha…
The application was filed under Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by M/s Vigyashree Infrastructure Private Limited, which was approved by the Committee of Creditors (CoC) in its 4th CoC Meeting held on 30.12.2022 with 100% voting shares. The Corporate Insolvency Resolution Process (CIRP) against Sadhna Communications Pvt. Ltd was initiated on 19.07.2022, and Mr. Manoj Kulshrestha was appointed as the Interim Resolution Professional (IRP). The IRP constituted a Committee of Creditors (CoC) comprising of sole Financial Creditor, Mr. Subodh Kumar Nath. The IRP convened the first CoC meeting on 17.08.2022, where Mr. Manoj Kulshrestha was appointed as the Resolution
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Sadhna Communications Pvt. Ltd. on 19.07.2022. Mr. Manoj Kulshrestha was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). The Committee of Creditors (CoC) consisted of a sole financial creditor, Mr. Subodh Kumar Nath. The RP received one Expression of Interest (EOI) from M/s Vigyashree Infrastructure Private Limited. The Resolution Applicant (Vigyashree Infrastructure Private Limited) submitted a Resolution Plan, which was approved by the CoC with 100% voting share on 30.12.2022. The Resolution Applicant proposed an amount of Rs. 1,26,00,000/- including the CIRP cost. The average fair value and liquidation value of the Corporate Debtor are Rs.
…Corporate Insolvency…
Mr. Manoj Kulshrestha…