The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against Srius Business Solutions Pvt Ltd. The CIRP was initiated following an order by the National Company Law Tribunal (NCLT) on February 3, 2023. Subsequently, an Interim Resolution Professional (IRP) was appointed, who then issued a public announcement inviting claims from creditors. The IRP received a claim from the Operational Creditor, Key Solutions Inc. USA. The Committee of Creditors (CoC) was formed with Key Solutions Inc. USA as the sole operational creditor. The CoC confirmed the Applicant as the Resolution Professional (RP), which was approved by the Tribunal on March 27, 2023. The RP published Form-G inviting Expression of Interest (EoI) from Prospective Resolution
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Srius Business Solutions Pvt Ltd based on an order from the NCLT on 2023-02-03. An Interim Resolution Professional (IRP) was appointed, who issued a public announcement on 2023-02-08, inviting claims from creditors. The IRP received a claim of Rs.3,64,25,656/- from the Operational Creditor, Key Solutions Inc. USA. No claims were received from any Financial Creditor. The Committee of Creditors (CoC) was constituted with Key Solutions Inc. USA as the sole Operational Creditor. The CoC confirmed the Applicant as the Resolution Professional (RP) on 2023-03-04, which was approved by the Tribunal on 2023-03-27. The RP published Form-G on 2023-04-13, inviting Expression of Interest (EoI) from Prospective
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The Corporate Insolvency Resolution Process…
The IRP issued a public…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against Srius Business Solutions Pvt Ltd. The CIRP was initiated following an order by the National Company Law Tribunal (NCLT) on February 3, 2023. Subsequently, an Interim Resolution Professional (IRP) was appointed, who then issued a public announcement inviting claims from creditors. The IRP received a claim from the Operational Creditor, Key Solutions Inc. USA. The Committee of Creditors (CoC) was formed with Key Solutions Inc. USA as the sole operational creditor. The CoC confirmed the Applicant as the Resolution Professional (RP), which was approved by the Tribunal on March 27, 2023. The RP published Form-G inviting Expression of Interest (EoI) from Prospective Resolution
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Srius Business Solutions Pvt Ltd based on an order from the NCLT on 2023-02-03. An Interim Resolution Professional (IRP) was appointed, who issued a public announcement on 2023-02-08, inviting claims from creditors. The IRP received a claim of Rs.3,64,25,656/- from the Operational Creditor, Key Solutions Inc. USA. No claims were received from any Financial Creditor. The Committee of Creditors (CoC) was constituted with Key Solutions Inc. USA as the sole Operational Creditor. The CoC confirmed the Applicant as the Resolution Professional (RP) on 2023-03-04, which was approved by the Tribunal on 2023-03-27. The RP published Form-G on 2023-04-13, inviting Expression of Interest (EoI) from Prospective
…The Corporate Insolvency Resolution Process…
The IRP issued a public…