The case pertains to IA No.643/2023 filed in C.P. (IB) No.73/BB/2022 under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, concerning Dentorth India Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated on 31.01.2023. Mr. Vasudevan Gopu Patel was appointed as the Interim Resolution Professional (IRP). After a public announcement on 10.02.2023, a Committee of Creditors (CoC) was formed with operational creditors. The CoC opted for liquidation of the corporate debtor in a meeting held on 02.06.2023.
The Corporate Insolvency Resolution Process (CIRP) for Dentorth India Private Limited was initiated on 31.01.2023, with Mr. Vasudevan Gopu Patel appointed as the Interim Resolution Professional (IRP). A public announcement was made on 10.02.2023, and a Committee of Creditors (CoC) was formed, consisting of operational creditors. The first CoC meeting was held on 09.03.2023. Claims were received from employees/workmen amounting to Rs. 1,11,860/-, and the RP admitted claims totaling Rs. 1,02,585/-. The registered office was found to be on rental basis and had been vacated during the Covid period. The CoC opted for liquidation of the corporate debtor on 02.06.2023. The average of fair value and liquidation value was submitted as 4749.79 on 05.05.2023. The applicant
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Corporate Insolvency…
IRP made a…
The case pertains to IA No.643/2023 filed in C.P. (IB) No.73/BB/2022 under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, concerning Dentorth India Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated on 31.01.2023. Mr. Vasudevan Gopu Patel was appointed as the Interim Resolution Professional (IRP). After a public announcement on 10.02.2023, a Committee of Creditors (CoC) was formed with operational creditors. The CoC opted for liquidation of the corporate debtor in a meeting held on 02.06.2023.
The Corporate Insolvency Resolution Process (CIRP) for Dentorth India Private Limited was initiated on 31.01.2023, with Mr. Vasudevan Gopu Patel appointed as the Interim Resolution Professional (IRP). A public announcement was made on 10.02.2023, and a Committee of Creditors (CoC) was formed, consisting of operational creditors. The first CoC meeting was held on 09.03.2023. Claims were received from employees/workmen amounting to Rs. 1,11,860/-, and the RP admitted claims totaling Rs. 1,02,585/-. The registered office was found to be on rental basis and had been vacated during the Covid period. The CoC opted for liquidation of the corporate debtor on 02.06.2023. The average of fair value and liquidation value was submitted as 4749.79 on 05.05.2023. The applicant
…Corporate Insolvency…
IRP made a…