The case pertains to IA (IBC) 858/2022 in Company Petition IB/75/2021 under Section 94 of the IBC, 2016. The Resolution Professional filed an IA to take on record the report of RP. The Repayment Plan submitted by the Personal Guarantor was rejected by the creditors.
The Resolution Professional (RP) filed IA (IBC) 858/2022 in Company Petition IB/75/2021. The IA was filed to take on record the report of the RP. The Repayment Plan submitted by the Personal Guarantor was rejected by the creditors. The court heard the RP's Status Report and took it on record. The rejection of the Repayment Plan by the creditors is a key fact influencing the court's decision.
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Hearing held on…
The case pertains to IA (IBC) 858/2022 in Company Petition IB/75/2021 under Section 94 of the IBC, 2016. The Resolution Professional filed an IA to take on record the report of RP. The Repayment Plan submitted by the Personal Guarantor was rejected by the creditors.
The Resolution Professional (RP) filed IA (IBC) 858/2022 in Company Petition IB/75/2021. The IA was filed to take on record the report of the RP. The Repayment Plan submitted by the Personal Guarantor was rejected by the creditors. The court heard the RP's Status Report and took it on record. The rejection of the Repayment Plan by the creditors is a key fact influencing the court's decision.
Hearing held on…