The application was filed by the Resolution Professional, upon instructions from the Committee of Creditors, seeking liquidation of the Corporate Debtor due to the absence of any resolution plan.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against Bahula Infotech Private Limited, the Corporate Debtor, on April 18, 2022, following a petition filed by Viom Infra Venture Limited, the Operational Creditor, under section 9 of the Insolvency and Bankruptcy Code, 2016. Mr. Aneel Saraogi was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). During the CIRP, Form G for inviting Expressions of Interest (EOI) was initially issued on July 2, 2022, but no EOI was received by the last date of July 17, 2022. Form G was reissued on August 1, 2022, and Quantta Analytics Private Limited showed interest but failed to submit a Resolution Plan. The 4th CoC meeting on September
…Sign in to view the parties.
Adjudicating Authority initiated Corporate…
Appointment of Mr.…
The application was filed by the Resolution Professional, upon instructions from the Committee of Creditors, seeking liquidation of the Corporate Debtor due to the absence of any resolution plan.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against Bahula Infotech Private Limited, the Corporate Debtor, on April 18, 2022, following a petition filed by Viom Infra Venture Limited, the Operational Creditor, under section 9 of the Insolvency and Bankruptcy Code, 2016. Mr. Aneel Saraogi was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). During the CIRP, Form G for inviting Expressions of Interest (EOI) was initially issued on July 2, 2022, but no EOI was received by the last date of July 17, 2022. Form G was reissued on August 1, 2022, and Quantta Analytics Private Limited showed interest but failed to submit a Resolution Plan. The 4th CoC meeting on September
…Adjudicating Authority initiated Corporate…
Appointment of Mr.…