The application was filed under Sections 30(6) and 31(1) of the IBC, 2016, read with Regulation 37(m) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, by the Resolution Professional for M/s. Samson and Sons Builders and Developers Pvt. Ltd., seeking approval of the Resolution Plan submitted for the Project Angel Woods by the Angel Wood Apartments Allottees Association. The Company Petition CP(IB)/05/KOB/2021 was filed by M/s Vijayakumaran J, VJ Constructions against M/s. Samson and Sons Builders and Developers Pvt Ltd, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, which was admitted vide Order dated 03.11.2021. Initially, Muhammed Davood K. was appointed as the Interim Resolution Professional
…The Company Petition CP(IB)/05/KOB/2021 was initiated by M/s Vijayakumaran J, VJ Constructions against M/s. Samson and Sons Builders and Developers Pvt Ltd, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, and was admitted on 03.11.2021. The Corporate Debtor was incorporated on 27.07.2009 and engaged in real estate development. Before CIRP, there were ten projects under construction, with four projects having no construction commenced. The last AGM was on 30.09.2014, and the balance sheet was filed up to 31.03.2014. Muhammed Davood K. was initially appointed as IRP but was replaced by Mr. Lukose Joseph, and later Mr. K Parameswaran Nair was appointed as RP. The IRP made a public announcement on 15.11.2021. The CoC consists of various
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Company Petition CP(IB)/05/KOB/2021 filed by…
The IRP made a public…
The application was filed under Sections 30(6) and 31(1) of the IBC, 2016, read with Regulation 37(m) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, by the Resolution Professional for M/s. Samson and Sons Builders and Developers Pvt. Ltd., seeking approval of the Resolution Plan submitted for the Project Angel Woods by the Angel Wood Apartments Allottees Association. The Company Petition CP(IB)/05/KOB/2021 was filed by M/s Vijayakumaran J, VJ Constructions against M/s. Samson and Sons Builders and Developers Pvt Ltd, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, which was admitted vide Order dated 03.11.2021. Initially, Muhammed Davood K. was appointed as the Interim Resolution Professional
…The Company Petition CP(IB)/05/KOB/2021 was initiated by M/s Vijayakumaran J, VJ Constructions against M/s. Samson and Sons Builders and Developers Pvt Ltd, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, and was admitted on 03.11.2021. The Corporate Debtor was incorporated on 27.07.2009 and engaged in real estate development. Before CIRP, there were ten projects under construction, with four projects having no construction commenced. The last AGM was on 30.09.2014, and the balance sheet was filed up to 31.03.2014. Muhammed Davood K. was initially appointed as IRP but was replaced by Mr. Lukose Joseph, and later Mr. K Parameswaran Nair was appointed as RP. The IRP made a public announcement on 15.11.2021. The CoC consists of various
…Company Petition CP(IB)/05/KOB/2021 filed by…
The IRP made a public…