The case involves an application filed by the Resolution Professional (RP) of Bajrang Cotgin Private Limited under Section 33 r.w. Section 34 of the Insolvency and Bankruptcy Code, 2016, seeking an order for liquidation. The Corporate Debtor was admitted into the Corporate Insolvency Resolution Process (CIRP) on 2021-03-15. The Committee of Creditors (CoC), comprised of Punjab National Bank, rejected all resolution plans submitted by Prospective Resolution Applicants. The CIRP period was extended multiple times. The CoC ultimately resolved to liquidate the Corporate Debtor with 100% votes.
The Resolution Professional (RP) of Bajrang Cotgin Private Limited filed an application under Section 33 r.w. Section 34 of the Insolvency and Bankruptcy Code, 2016, seeking an order for liquidation. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 2021-03-15. The Interim Resolution Professional (IRP) published Form – A for submission of claims. The Committee of Creditor (CoC) comprised of Punjab National Bank. The first CoC meeting was held on 2021-04-12. The Applicant published Form – G for submission of Expression of Interest (Eol) by the Prospective Resolution Applicants. The last date of submission of the Eols was 2021-05-20. The CoC extended the date for submission of Expression of Interest multiple times.
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The Corporate Debtor…
The first meeting of…
The case involves an application filed by the Resolution Professional (RP) of Bajrang Cotgin Private Limited under Section 33 r.w. Section 34 of the Insolvency and Bankruptcy Code, 2016, seeking an order for liquidation. The Corporate Debtor was admitted into the Corporate Insolvency Resolution Process (CIRP) on 2021-03-15. The Committee of Creditors (CoC), comprised of Punjab National Bank, rejected all resolution plans submitted by Prospective Resolution Applicants. The CIRP period was extended multiple times. The CoC ultimately resolved to liquidate the Corporate Debtor with 100% votes.
The Resolution Professional (RP) of Bajrang Cotgin Private Limited filed an application under Section 33 r.w. Section 34 of the Insolvency and Bankruptcy Code, 2016, seeking an order for liquidation. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 2021-03-15. The Interim Resolution Professional (IRP) published Form – A for submission of claims. The Committee of Creditor (CoC) comprised of Punjab National Bank. The first CoC meeting was held on 2021-04-12. The Applicant published Form – G for submission of Expression of Interest (Eol) by the Prospective Resolution Applicants. The last date of submission of the Eols was 2021-05-20. The CoC extended the date for submission of Expression of Interest multiple times.
…The Corporate Debtor…
The first meeting of…