The Interlocutory Application was filed by Mr. Prakash Naringrekar, the Resolution Professional of Viaan Industries Limited, seeking approval of the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016. The resolution plan was submitted by Kundan Care Products Limited, the Successful Resolution Applicant (SRA), and approved by 100% of the Committee of Creditors (CoC) in its 10th CoC meeting held on 18.11.2022. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor under Section 7 of the Code vide order dated 11.03.2021. Mr. Prakash Naringrekar was appointed as Interim Resolution Professional (IRP).
The present Interlocutory application was filed by Mr. Prakash Naringrekar, the Resolution Professional of Viaan Industries Limited, seeking approval of the resolution plan under section 30(6) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor under Section 7 of the Code vide Order dated 11.03.2021, and Mr. Prakash Naringrekar was appointed as Interim Resolution Professional (IRP). The Applicant published the Public Announcement for inviting claims on 14.03.2022, and the last date for receipt of claims was 25.03.2022. The CoC was constituted with Cash Ur Drive Marketing Private Limited as the sole member. The CoC unanimously resolved and confirmed the appointment of the Applicant as
…Sign in to view the parties.
Corporate Insolvency Resolution Process (CIRP)…
Mr. Prakash Naringrekar…
The Interlocutory Application was filed by Mr. Prakash Naringrekar, the Resolution Professional of Viaan Industries Limited, seeking approval of the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016. The resolution plan was submitted by Kundan Care Products Limited, the Successful Resolution Applicant (SRA), and approved by 100% of the Committee of Creditors (CoC) in its 10th CoC meeting held on 18.11.2022. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor under Section 7 of the Code vide order dated 11.03.2021. Mr. Prakash Naringrekar was appointed as Interim Resolution Professional (IRP).
The present Interlocutory application was filed by Mr. Prakash Naringrekar, the Resolution Professional of Viaan Industries Limited, seeking approval of the resolution plan under section 30(6) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor under Section 7 of the Code vide Order dated 11.03.2021, and Mr. Prakash Naringrekar was appointed as Interim Resolution Professional (IRP). The Applicant published the Public Announcement for inviting claims on 14.03.2022, and the last date for receipt of claims was 25.03.2022. The CoC was constituted with Cash Ur Drive Marketing Private Limited as the sole member. The CoC unanimously resolved and confirmed the appointment of the Applicant as
…Corporate Insolvency Resolution Process (CIRP)…
Mr. Prakash Naringrekar…