The case involves an application (I.A. No. 68/2021) filed by the Resolution Professional under Section 30(6) r/w regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 & Rule 11 of NCLT Rules, 2016, seeking approval of the resolution plan of Antanium India Private Limited (Resolution Applicant). The main petition was filed by Indian Bank under Section 7 of the IBC, 2016, and was admitted by the Adjudicating Authority on 02.12.2019, initiating CIRP against M/s Bartronics India Limited, the Corporate Debtor. Public announcement in Form-A was made by the Interim Resolution Professional (IRP) on 05.12.2019, inviting claims from creditors.
The Corporate Debtor, M/s Bartronics India Limited, underwent Corporate Insolvency Resolution Process (CIRP) initiated by Indian Bank under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP commencement was ordered on 02.12.2019. An Interim Resolution Professional (IRP) was appointed, who later continued as the Resolution Professional (RP). A public announcement was made on 05.12.2019, inviting claims from creditors. The RP constituted a Committee of Creditors (CoC) comprising financial creditors. The CoC included Andhra Bank, Invent Assets Securitisation & Reconstruction Pvt Ltd, IDBI Bank, LIC of India, Paisalo Digital Limited, and Indian Bank. The RP invited Expression of Interest (EOI) from prospective resolution applicants. The last date
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The Adjudicating Authority admitted the…
The Interim Resolution Professional (IRP) made a…
The case involves an application (I.A. No. 68/2021) filed by the Resolution Professional under Section 30(6) r/w regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 & Rule 11 of NCLT Rules, 2016, seeking approval of the resolution plan of Antanium India Private Limited (Resolution Applicant). The main petition was filed by Indian Bank under Section 7 of the IBC, 2016, and was admitted by the Adjudicating Authority on 02.12.2019, initiating CIRP against M/s Bartronics India Limited, the Corporate Debtor. Public announcement in Form-A was made by the Interim Resolution Professional (IRP) on 05.12.2019, inviting claims from creditors.
The Corporate Debtor, M/s Bartronics India Limited, underwent Corporate Insolvency Resolution Process (CIRP) initiated by Indian Bank under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP commencement was ordered on 02.12.2019. An Interim Resolution Professional (IRP) was appointed, who later continued as the Resolution Professional (RP). A public announcement was made on 05.12.2019, inviting claims from creditors. The RP constituted a Committee of Creditors (CoC) comprising financial creditors. The CoC included Andhra Bank, Invent Assets Securitisation & Reconstruction Pvt Ltd, IDBI Bank, LIC of India, Paisalo Digital Limited, and Indian Bank. The RP invited Expression of Interest (EOI) from prospective resolution applicants. The last date
…The Adjudicating Authority admitted the…
The Interim Resolution Professional (IRP) made a…