The case involves an application under Section 33 of the Insolvency and Bankruptcy Code, 2016, filed by the Resolution Professional (RP) Kanchan Dutta, seeking directions for the liquidation of the corporate debtor, Bihar E-Governance Services & Technologies Limited, and the appointment of a liquidator. The RP also sought condonation of a one-day delay in filing the application. The corporate debtor was admitted into CIRP on 2024-04-24. A public announcement was made, and a deadline for claim submissions was set. However, no claims were received from any creditors by the deadline. The RP communicated with operational creditors, but only one, Graphic Trades, submitted a claim. The Committee of Creditors (CoC) was formed with Graphic Trades as the sole member.
…Bihar E-Governance Services & Technologies Limited was admitted into CIRP on 2024-04-24. Kanchan Dutta is the Resolution Professional (RP). A public announcement was made, setting a deadline of 2024-05-08 for claim submissions. No claims were received from financial creditors. The RP communicated with operational creditors, and Graphic Trades submitted a claim for Rs. 6,30,315/-, of which Rs. 6,25,856/- was admitted. The Committee of Creditors (CoC) was formed with Graphic Trades as the sole member on 2024-06-20. The RP convened multiple CoC meetings, but the sole member did not attend any. The RP issued a letter to the Commissioner of Income Tax Department, Patna, regarding the CIRP initiation. The IT Department claimed an outstanding demand of Rs. 2,18,440/- for
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The corporate debtor, Bihar E-Governance…
The Interim Resolution…
The case involves an application under Section 33 of the Insolvency and Bankruptcy Code, 2016, filed by the Resolution Professional (RP) Kanchan Dutta, seeking directions for the liquidation of the corporate debtor, Bihar E-Governance Services & Technologies Limited, and the appointment of a liquidator. The RP also sought condonation of a one-day delay in filing the application. The corporate debtor was admitted into CIRP on 2024-04-24. A public announcement was made, and a deadline for claim submissions was set. However, no claims were received from any creditors by the deadline. The RP communicated with operational creditors, but only one, Graphic Trades, submitted a claim. The Committee of Creditors (CoC) was formed with Graphic Trades as the sole member.
…Bihar E-Governance Services & Technologies Limited was admitted into CIRP on 2024-04-24. Kanchan Dutta is the Resolution Professional (RP). A public announcement was made, setting a deadline of 2024-05-08 for claim submissions. No claims were received from financial creditors. The RP communicated with operational creditors, and Graphic Trades submitted a claim for Rs. 6,30,315/-, of which Rs. 6,25,856/- was admitted. The Committee of Creditors (CoC) was formed with Graphic Trades as the sole member on 2024-06-20. The RP convened multiple CoC meetings, but the sole member did not attend any. The RP issued a letter to the Commissioner of Income Tax Department, Patna, regarding the CIRP initiation. The IT Department claimed an outstanding demand of Rs. 2,18,440/- for
…The corporate debtor, Bihar E-Governance…
The Interim Resolution…