The case pertains to IA (IBC)/1815/2023 filed in Company Petition IB/392/2022 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The Corporate Insolvency Resolution Process (CIRP) was initiated against Srius Business Solutions Pvt Ltd on 2023-02-03. Subsequently, the Interim Resolution Professional (IRP) was appointed and a public announcement was made on 2023-02-08, 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 2023-03-27. The RP published Form-G on 2023-04-13, inviting
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Srius Business Solutions Pvt Ltd following an order by the Tribunal on 2023-02-03. Mr. Artham Someswara Rao was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP). A public announcement was made on 2023-02-08, inviting claims from creditors. The IRP received a claim of Rs.3,64,25,656/- from the Operational Creditor, M/s. Key Solutions Inc. USA. The Committee of Creditors (CoC) was constituted with M/s. Key Solutions Inc. USA as the sole operational creditor, holding 100% voting share. The CoC approved the Resolution Plan submitted by M/s. Samala Rajashekar & Company on 2023-10-30 with 100% voting. The Resolution Plan amount is
…Sign in to view the parties.
The Corporate Insolvency Resolution Process…
The Interim Resolution Professional (IRP)…
The case pertains to IA (IBC)/1815/2023 filed in Company Petition IB/392/2022 before the National Company Law Tribunal (NCLT), Hyderabad Bench. The Corporate Insolvency Resolution Process (CIRP) was initiated against Srius Business Solutions Pvt Ltd on 2023-02-03. Subsequently, the Interim Resolution Professional (IRP) was appointed and a public announcement was made on 2023-02-08, 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 2023-03-27. The RP published Form-G on 2023-04-13, inviting
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Srius Business Solutions Pvt Ltd following an order by the Tribunal on 2023-02-03. Mr. Artham Someswara Rao was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP). A public announcement was made on 2023-02-08, inviting claims from creditors. The IRP received a claim of Rs.3,64,25,656/- from the Operational Creditor, M/s. Key Solutions Inc. USA. The Committee of Creditors (CoC) was constituted with M/s. Key Solutions Inc. USA as the sole operational creditor, holding 100% voting share. The CoC approved the Resolution Plan submitted by M/s. Samala Rajashekar & Company on 2023-10-30 with 100% voting. The Resolution Plan amount is
…The Corporate Insolvency Resolution Process…
The Interim Resolution Professional (IRP)…