The application was filed by the Interim Resolution Professional (IRP) seeking an order for the corporate debtor to go into liquidation, and for the replacement of the applicant with another person to act as the liquidator.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against M/s. Concept Biosciences India Pvt. Ltd. (Corporate Debtor) on April 1, 2022, based on a petition filed by Radico Khaitan Limited (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. Mr. Ajay Kumar Agarwal was appointed as the Interim Resolution Professional (IRP). Following the initiation of CIRP, a public announcement was made on April 4, 2022, and the Committee of Creditors (CoC) was formed, including Radico Khaitan Limited. Reports certifying the constitution and re-constitution of the CoC were filed on April 22, 2022, and May 19, 2022, respectively. The IRP circulated the notice and agenda for the first CoC meeting on April 25, 2022, which
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Adjudicating Authority ordered the initiation…
Public announcement was…
The application was filed by the Interim Resolution Professional (IRP) seeking an order for the corporate debtor to go into liquidation, and for the replacement of the applicant with another person to act as the liquidator.
The Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against M/s. Concept Biosciences India Pvt. Ltd. (Corporate Debtor) on April 1, 2022, based on a petition filed by Radico Khaitan Limited (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. Mr. Ajay Kumar Agarwal was appointed as the Interim Resolution Professional (IRP). Following the initiation of CIRP, a public announcement was made on April 4, 2022, and the Committee of Creditors (CoC) was formed, including Radico Khaitan Limited. Reports certifying the constitution and re-constitution of the CoC were filed on April 22, 2022, and May 19, 2022, respectively. The IRP circulated the notice and agenda for the first CoC meeting on April 25, 2022, which
…Adjudicating Authority ordered the initiation…
Public announcement was…