The case involves an application for the replacement of the Interim Resolution Professional (IRP) for M/s Arshiya Limited/Corporate Debtor. The applicant sought to replace Mr. Nitin Panchal with Mr. Pankaj Mahajan as the Resolution Professional (RP).
The applicant filed an application to replace the Interim Resolution Professional (IRP) Mr. Nitin Panchal with Mr. Pankaj Mahajan as the Resolution Professional (RP) for the Corporate Debtor M/s Arshiya Limited. A Committee of Creditors (CoC) meeting was held on August 8, 2024, where the appointment of Mr. Pankaj Mahajan was discussed. The CoC approved the appointment of Mr. Pankaj Mahajan with 87.24% votes in favor. The email dated August 7, 2024, from the lead CoC member, EARC, proposed the appointment of Mr. Pankaj Mahajan. The court considered the application and the CoC's approval.
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Email dated August 7, 2024, from the lead CoC…
The 1st CoC meeting was conducted on August 8,…
The case involves an application for the replacement of the Interim Resolution Professional (IRP) for M/s Arshiya Limited/Corporate Debtor. The applicant sought to replace Mr. Nitin Panchal with Mr. Pankaj Mahajan as the Resolution Professional (RP).
The applicant filed an application to replace the Interim Resolution Professional (IRP) Mr. Nitin Panchal with Mr. Pankaj Mahajan as the Resolution Professional (RP) for the Corporate Debtor M/s Arshiya Limited. A Committee of Creditors (CoC) meeting was held on August 8, 2024, where the appointment of Mr. Pankaj Mahajan was discussed. The CoC approved the appointment of Mr. Pankaj Mahajan with 87.24% votes in favor. The email dated August 7, 2024, from the lead CoC member, EARC, proposed the appointment of Mr. Pankaj Mahajan. The court considered the application and the CoC's approval.
Email dated August 7, 2024, from the lead CoC…
The 1st CoC meeting was conducted on August 8,…