The case involves an application under Section 12A of the Insolvency and Bankruptcy Code, 2016, read with Regulation 30A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Seven Star Steels Limited, the operational creditor, initiated the Corporate Insolvency Resolution Process (CIRP) against Brijbihari Metallics Private Limited, the corporate debtor, by filing an application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal initiated CIRP against the corporate debtor on 24.08.2023. The Interim Resolution Professional (IRP) was appointed. The IRP made public announcements as per regulations. However, the operational creditor and the corporate debtor entered into a Memorandum
…Seven Star Steels Limited, as an operational creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Brijbihari Metallics Private Limited by filing an application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal initiated CIRP against the corporate debtor on 24.08.2023. Sarvesh Kashyap was appointed as the Interim Resolution Professional (IRP). The IRP made public announcements as per Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. No Committee of Creditors (CoC) was constituted due to non-receipt of claims. The Operational Creditor and the Corporate Debtor entered into a Memorandum of Understanding (MOU) dated 05.10.2023, to settle their
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Company Petition No.…
The Tribunal initiated…
The case involves an application under Section 12A of the Insolvency and Bankruptcy Code, 2016, read with Regulation 30A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Seven Star Steels Limited, the operational creditor, initiated the Corporate Insolvency Resolution Process (CIRP) against Brijbihari Metallics Private Limited, the corporate debtor, by filing an application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal initiated CIRP against the corporate debtor on 24.08.2023. The Interim Resolution Professional (IRP) was appointed. The IRP made public announcements as per regulations. However, the operational creditor and the corporate debtor entered into a Memorandum
…Seven Star Steels Limited, as an operational creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Brijbihari Metallics Private Limited by filing an application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal initiated CIRP against the corporate debtor on 24.08.2023. Sarvesh Kashyap was appointed as the Interim Resolution Professional (IRP). The IRP made public announcements as per Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. No Committee of Creditors (CoC) was constituted due to non-receipt of claims. The Operational Creditor and the Corporate Debtor entered into a Memorandum of Understanding (MOU) dated 05.10.2023, to settle their
…Company Petition No.…
The Tribunal initiated…