The application was filed by the Resolution Professional seeking liquidation of the Corporate Debtor under Sections 33(1)(a) and 34(1) of the Insolvency and Bankruptcy Code, 2016, after the Committee of Creditors approved the initiation of liquidation.
The National Company Law Tribunal (NCLT), Mumbai Bench, Court-IV, heard an application, IA-1513/2020, filed by Mr. Laxman Digambar Pawar, the Resolution Professional (RP), seeking the liquidation of Bhadramaruti Concast Private Limited (Corporate Debtor) under Section 33(1)(a) and Section 34(1) of the Insolvency and Bankruptcy Code, 2016 (the Code). The NCLT had previously admitted a petition under Section 9 of the Code on February 4, 2020, initiating the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, and appointed the applicant as the Interim Resolution Professional (IRP). The IRP made public announcements on February 20, 2020, in Form A, inviting claims from creditors as per Regulation 6(3) of the IBBI (Insolvency Resolution Process for
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NCLT admitted the petition under Section 9…
IRP made public announcements through Form A…
The application was filed by the Resolution Professional seeking liquidation of the Corporate Debtor under Sections 33(1)(a) and 34(1) of the Insolvency and Bankruptcy Code, 2016, after the Committee of Creditors approved the initiation of liquidation.
The National Company Law Tribunal (NCLT), Mumbai Bench, Court-IV, heard an application, IA-1513/2020, filed by Mr. Laxman Digambar Pawar, the Resolution Professional (RP), seeking the liquidation of Bhadramaruti Concast Private Limited (Corporate Debtor) under Section 33(1)(a) and Section 34(1) of the Insolvency and Bankruptcy Code, 2016 (the Code). The NCLT had previously admitted a petition under Section 9 of the Code on February 4, 2020, initiating the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, and appointed the applicant as the Interim Resolution Professional (IRP). The IRP made public announcements on February 20, 2020, in Form A, inviting claims from creditors as per Regulation 6(3) of the IBBI (Insolvency Resolution Process for
…NCLT admitted the petition under Section 9…
IRP made public announcements through Form A…