The application was filed under Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016, and Regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, by Mr. Ashwani Kumar, the Resolution Professional (Applicant), on behalf of M/s SMR Entertainment Private Limited (Corporate Debtor), seeking approval of the Resolution Plan submitted by M/s K2 Plan Power Renewals Private Limited (Successful Resolution Applicant). The Resolution Plan was approved by the Committee of Creditors (CoC) with 100% votes in its 8th CoC Meeting held on 19.11.2021. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor on 07.01.2021.
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s SMR Entertainment Private Limited ('Corporate Debtor') on 07.01.2021. Mr. Kailash Chandra Jain was initially appointed as the Interim Resolution Professional (IRP). Public announcement was made on 13.01.2021 to invite claims from creditors. The IRP sent a letter on 18.01.2021 to the suspended Board of Directors requesting cooperation, but no information was received. Mr. Harish Chander Arora replaced the existing IRP on 02.03.2021. The Committee of Creditors (CoC) was constituted on 24.04.2021. The Applicant, Mr. Ashwani Kumar, was appointed as the Resolution Professional on 10.06.2021. Form G inviting Expression of Interest (EoI) was published on 30.07.2021. M/s K2 Power Renewal Private
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Adjudicating Authority initiated Corporate…
Public Announcement was made for inviting the…
The application was filed under Section 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016, and Regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, by Mr. Ashwani Kumar, the Resolution Professional (Applicant), on behalf of M/s SMR Entertainment Private Limited (Corporate Debtor), seeking approval of the Resolution Plan submitted by M/s K2 Plan Power Renewals Private Limited (Successful Resolution Applicant). The Resolution Plan was approved by the Committee of Creditors (CoC) with 100% votes in its 8th CoC Meeting held on 19.11.2021. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor on 07.01.2021.
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s SMR Entertainment Private Limited ('Corporate Debtor') on 07.01.2021. Mr. Kailash Chandra Jain was initially appointed as the Interim Resolution Professional (IRP). Public announcement was made on 13.01.2021 to invite claims from creditors. The IRP sent a letter on 18.01.2021 to the suspended Board of Directors requesting cooperation, but no information was received. Mr. Harish Chander Arora replaced the existing IRP on 02.03.2021. The Committee of Creditors (CoC) was constituted on 24.04.2021. The Applicant, Mr. Ashwani Kumar, was appointed as the Resolution Professional on 10.06.2021. Form G inviting Expression of Interest (EoI) was published on 30.07.2021. M/s K2 Power Renewal Private
…Adjudicating Authority initiated Corporate…
Public Announcement was made for inviting the…