The case involves an application filed by the Financial Creditor under Section 22(3)(b) of the Insolvency and Bankruptcy Code (IBC), 2016, seeking the replacement of the Interim Resolution Professional (IRP) and the appointment of Mrs. Meena Sureka as the Resolution Professional. The Committee of Creditors (CoC) had unanimously resolved on 2022-12-21 to replace the existing IRP, Mr. Purshotam Gaggar, with Mrs. Meena Sureka. The application was filed in the context of Corporate Insolvency Resolution Process (CIRP) initiated against M/s. Brahmaputra Galvochem Pvt. Ltd.
The State Bank of India initiated Corporate Insolvency Resolution Process (CIRP) against M/s. Brahmaputra Galvochem Pvt. Ltd. An Interim Resolution Professional (IRP), Mr. Purshotam Gaggar, was initially appointed. The Committee of Creditors (CoC) was formed, and in a meeting held on 2022-12-21, the CoC unanimously resolved to replace Mr. Purshotam Gaggar with Mrs. Meena Sureka as the Resolution Professional. Mrs. Meena Sureka provided her written consent to act as the Resolution Professional. The Financial Creditor filed an application under Section 22(3)(b) of the IBC, 2016, seeking the replacement of the IRP and the appointment of Mrs. Meena Sureka. The Adjudicating Authority considered the application, the CoC's resolution, and Mrs. Sureka's consent. The relevance
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Order passed in C.P.(IB) NO. 15/GB/2022…
Mrs. Meena Sureka gave…
The case involves an application filed by the Financial Creditor under Section 22(3)(b) of the Insolvency and Bankruptcy Code (IBC), 2016, seeking the replacement of the Interim Resolution Professional (IRP) and the appointment of Mrs. Meena Sureka as the Resolution Professional. The Committee of Creditors (CoC) had unanimously resolved on 2022-12-21 to replace the existing IRP, Mr. Purshotam Gaggar, with Mrs. Meena Sureka. The application was filed in the context of Corporate Insolvency Resolution Process (CIRP) initiated against M/s. Brahmaputra Galvochem Pvt. Ltd.
The State Bank of India initiated Corporate Insolvency Resolution Process (CIRP) against M/s. Brahmaputra Galvochem Pvt. Ltd. An Interim Resolution Professional (IRP), Mr. Purshotam Gaggar, was initially appointed. The Committee of Creditors (CoC) was formed, and in a meeting held on 2022-12-21, the CoC unanimously resolved to replace Mr. Purshotam Gaggar with Mrs. Meena Sureka as the Resolution Professional. Mrs. Meena Sureka provided her written consent to act as the Resolution Professional. The Financial Creditor filed an application under Section 22(3)(b) of the IBC, 2016, seeking the replacement of the IRP and the appointment of Mrs. Meena Sureka. The Adjudicating Authority considered the application, the CoC's resolution, and Mrs. Sureka's consent. The relevance
…Order passed in C.P.(IB) NO. 15/GB/2022…
Mrs. Meena Sureka gave…