The case pertains to an application (I.A. No. 966/2022) filed by the Resolution Professional (RP), Mr. Anuj Bajpai, seeking liquidation of Bilpower Limited, the Corporate Debtor, under Section 33(1) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against Bilpower Limited following the admission of a petition under Section 7 of the Code filed by State Bank of India, the Financial Creditor, on 07.09.2021. The RP was appointed as the Interim Resolution Professional by the Tribunal. Public announcement was made on 18.09.2021 inviting claims from the creditors. The Committee of Creditors (CoC) was formed, and in its meetings, the lack of interest from potential resolution applicants due to the deteriorated

The case pertains to an application (I.A. No. 966/2022) filed by the Resolution Professional (RP), Mr. Anuj Bajpai, seeking liquidation of Bilpower Limited, the Corporate Debtor, under Section 33(1) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against Bilpower Limited following the admission of a petition under Section 7 of the Code filed by State Bank of India, the Financial Creditor, on 07.09.2021. The RP was appointed as the Interim Resolution Professional by the Tribunal. Public announcement was made on 18.09.2021 inviting claims from the creditors. The Committee of Creditors (CoC) was formed, and in its meetings, the lack of interest from potential resolution applicants due to the deteriorated