The application was filed by Mr. Mohd. Nazim Khan, the Resolution Professional of M/s. VA Realcon Private Limited ('Corporate Debtor'), seeking approval of the Resolution Plan submitted by M/s. Durgesh Merchants Limited ('Successful Resolution Applicant'). The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor, M/s. VA Realcon Private Limited, vide an order dated 07.04.2022, pursuant to an application filed by M/s. Utsav Securities Limited, under Section 7 of the Code. The applicant carried out a public announcement of initiation of CIRP on 09.04.2022. The Committee of Creditors (CoC) was duly constituted by the Applicant on 29.04.2022. The Expression of Interest was published on 16.06.2022. The applicant had received Expression
…M/s. Utsav Securities Limited initiated Corporate Insolvency Resolution Process (CIRP) against M/s. VA Realcon Private Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. Mr. Mohd Nazim Khan was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional. The applicant carried out a public announcement of initiation of CIRP on 09.04.2022. The Committee of Creditors (CoC) was duly constituted by the Applicant on 29.04.2022. The Expression of Interest was published on 16.06.2022. The applicant received Expression of Interest from two Prospective Resolution Applicants. The applicant issued Request for Resolution Plan and Evaluation Matrix on 16.07.2022 to the Prospective Resolution Applicant namely, M/s.
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Filing of C.P.…
Corporate Insolvency Resolution Process…
The application was filed by Mr. Mohd. Nazim Khan, the Resolution Professional of M/s. VA Realcon Private Limited ('Corporate Debtor'), seeking approval of the Resolution Plan submitted by M/s. Durgesh Merchants Limited ('Successful Resolution Applicant'). The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor, M/s. VA Realcon Private Limited, vide an order dated 07.04.2022, pursuant to an application filed by M/s. Utsav Securities Limited, under Section 7 of the Code. The applicant carried out a public announcement of initiation of CIRP on 09.04.2022. The Committee of Creditors (CoC) was duly constituted by the Applicant on 29.04.2022. The Expression of Interest was published on 16.06.2022. The applicant had received Expression
…M/s. Utsav Securities Limited initiated Corporate Insolvency Resolution Process (CIRP) against M/s. VA Realcon Private Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. Mr. Mohd Nazim Khan was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional. The applicant carried out a public announcement of initiation of CIRP on 09.04.2022. The Committee of Creditors (CoC) was duly constituted by the Applicant on 29.04.2022. The Expression of Interest was published on 16.06.2022. The applicant received Expression of Interest from two Prospective Resolution Applicants. The applicant issued Request for Resolution Plan and Evaluation Matrix on 16.07.2022 to the Prospective Resolution Applicant namely, M/s.
…Filing of C.P.…
Corporate Insolvency Resolution Process…