The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC). The Ex-Resolution Professional (RP) resigned for personal reasons, which was approved by the Committee of Creditors (COC). The COC recommended Mr. Amrish N Gandhi as the new RP. The Resolution Plans have been finalized and are seeking approval of the COC.
Goenka Business & Finance Ltd. filed an application against Dharti Proteins Limited under Section 7 of the IBC. The existing Resolution Professional (RP) resigned due to personal reasons, which was approved by the Committee of Creditors (COC). The COC recommended Mr. Amrish N Gandhi as the new RP. Mr. Manish Santosh Buchasia was in the 4th COC. The sole COC member recommended Mr. Amrish N Gandhi, who has a valid registration number (IBBI/ IPA-002/ IP-N00670/ 2018-2019/ 72036) and provided written consent (Form - AA) to act as the RP for Dharti Proteins Limited, the Corporate Debtor. The Ex-RP had already taken an extension of the CIRP process. The new RP is on the IBBI updated list.
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The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC). The Ex-Resolution Professional (RP) resigned for personal reasons, which was approved by the Committee of Creditors (COC). The COC recommended Mr. Amrish N Gandhi as the new RP. The Resolution Plans have been finalized and are seeking approval of the COC.
Goenka Business & Finance Ltd. filed an application against Dharti Proteins Limited under Section 7 of the IBC. The existing Resolution Professional (RP) resigned due to personal reasons, which was approved by the Committee of Creditors (COC). The COC recommended Mr. Amrish N Gandhi as the new RP. Mr. Manish Santosh Buchasia was in the 4th COC. The sole COC member recommended Mr. Amrish N Gandhi, who has a valid registration number (IBBI/ IPA-002/ IP-N00670/ 2018-2019/ 72036) and provided written consent (Form - AA) to act as the RP for Dharti Proteins Limited, the Corporate Debtor. The Ex-RP had already taken an extension of the CIRP process. The new RP is on the IBBI updated list.
Order delivered on the…