The case involves an application (I.A. No. 3841/2023) filed by the Resolution Professional, Mr. Birendra Kumar Agrawal, seeking liquidation of Cox and Kings Global Services Private Limited, the Corporate Debtor, under Section 33(1) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following the admission of a petition under Section 7 of the Code filed by Indusind Bank Limited, the Financial Creditor. The Tribunal had previously ordered the admission of the petition on 05.01.2023. Mr. Agrawal was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
On 05.01.2023, the Tribunal admitted a petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, filed by Indusind Bank Limited against Cox and Kings Global Services Private Limited, initiating the Corporate Insolvency Resolution Process (CIRP). Birendra Kumar Agrawal was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Form-A was published in two daily newspapers to invite claims from creditors. The RP submitted that the Corporate Debtor was non-operative and could not be revived, lacking data for an Information Memorandum (IM) and making an Expression of Interest (EoI) impossible. In the 2nd CoC meeting on 26.04.2023, the CoC approved liquidation under Section 33(2) of the Code with 100%
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Tribunal admitted the petition under Section…
Mr. Birendra Kumar Agrawal was confirmed as…
The case involves an application (I.A. No. 3841/2023) filed by the Resolution Professional, Mr. Birendra Kumar Agrawal, seeking liquidation of Cox and Kings Global Services Private Limited, the Corporate Debtor, under Section 33(1) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following the admission of a petition under Section 7 of the Code filed by Indusind Bank Limited, the Financial Creditor. The Tribunal had previously ordered the admission of the petition on 05.01.2023. Mr. Agrawal was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
On 05.01.2023, the Tribunal admitted a petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, filed by Indusind Bank Limited against Cox and Kings Global Services Private Limited, initiating the Corporate Insolvency Resolution Process (CIRP). Birendra Kumar Agrawal was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Form-A was published in two daily newspapers to invite claims from creditors. The RP submitted that the Corporate Debtor was non-operative and could not be revived, lacking data for an Information Memorandum (IM) and making an Expression of Interest (EoI) impossible. In the 2nd CoC meeting on 26.04.2023, the CoC approved liquidation under Section 33(2) of the Code with 100%
…Tribunal admitted the petition under Section…
Mr. Birendra Kumar Agrawal was confirmed as…