The case involves an application filed by Mr. Anil Kohli, the Resolution Professional of Dehradun Highways Project Limited ('Corporate Debtor'), seeking the liquidation of the Corporate Debtor under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The application was based on a resolution passed by the Committee of Creditors ('CoC') during its 16th meeting held on 2022-11-14. The Corporate Insolvency Resolution Process (CIRP) was initiated against Dehradun Highways Project Limited based on an application filed by ICICI Bank Limited under Section 7 of the Code. Mr. Anil Kohli was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Dehradun Highways Project Limited following an application by ICICI Bank Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC). Mr. Anil Kohli was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A public announcement was made on 2020-09-22, inviting claims from creditors. The Committee of Creditors (CoC) initially comprised six financial creditors, later reconstituted to include seven. Multiple attempts were made to solicit resolution plans, including publishing invitations for expression of interest and extending deadlines. However, the resolution plans received were either non-compliant or rejected by the CoC. A
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The case involves an application filed by Mr. Anil Kohli, the Resolution Professional of Dehradun Highways Project Limited ('Corporate Debtor'), seeking the liquidation of the Corporate Debtor under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The application was based on a resolution passed by the Committee of Creditors ('CoC') during its 16th meeting held on 2022-11-14. The Corporate Insolvency Resolution Process (CIRP) was initiated against Dehradun Highways Project Limited based on an application filed by ICICI Bank Limited under Section 7 of the Code. Mr. Anil Kohli was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Dehradun Highways Project Limited following an application by ICICI Bank Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC). Mr. Anil Kohli was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A public announcement was made on 2020-09-22, inviting claims from creditors. The Committee of Creditors (CoC) initially comprised six financial creditors, later reconstituted to include seven. Multiple attempts were made to solicit resolution plans, including publishing invitations for expression of interest and extending deadlines. However, the resolution plans received were either non-compliant or rejected by the CoC. A
…Public announcement in Form A was made,…
Last date…