The case involves an application filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, by Mr. Hajari Lal Saini, the Resolution Professional (RP) of Enrich Shreya Marine Infrastructure Pvt. Ltd. (the Corporate Debtor). The RP sought a liquidation order based on a resolution passed by the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) was initiated, and Mr. Hajari Lal Saini was appointed as the Interim Resolution Professional (IRP). Public announcements were made inviting claims from creditors. The CoC was formed, and meetings were held to discuss the future of the Corporate Debtor.
Mr. Hajari Lal Saini, the Resolution Professional (RP) of Enrich Shreya Marine Infrastructure Pvt. Ltd., filed an application under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, seeking a liquidation order. The Corporate Insolvency Resolution Process (CIRP) had been initiated, and Mr. Saini was appointed as the Interim Resolution Professional (IRP). The CIRP was initiated because Enrich Shreya Marine Infrastructure Pvt. Ltd. was unable to pay its debts. Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was formed, consisting of two Financial Creditors. The first CoC meeting was convened on 03.04.2021. The representatives of Punjab National Bank, holding over 90% share of the CoC, informed the Applicant that
…Sign in to view the parties.
CP No. (IB)-815…
Net assets valu…
The case involves an application filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, by Mr. Hajari Lal Saini, the Resolution Professional (RP) of Enrich Shreya Marine Infrastructure Pvt. Ltd. (the Corporate Debtor). The RP sought a liquidation order based on a resolution passed by the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) was initiated, and Mr. Hajari Lal Saini was appointed as the Interim Resolution Professional (IRP). Public announcements were made inviting claims from creditors. The CoC was formed, and meetings were held to discuss the future of the Corporate Debtor.
Mr. Hajari Lal Saini, the Resolution Professional (RP) of Enrich Shreya Marine Infrastructure Pvt. Ltd., filed an application under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, seeking a liquidation order. The Corporate Insolvency Resolution Process (CIRP) had been initiated, and Mr. Saini was appointed as the Interim Resolution Professional (IRP). The CIRP was initiated because Enrich Shreya Marine Infrastructure Pvt. Ltd. was unable to pay its debts. Public announcements were made to invite claims from creditors. The Committee of Creditors (CoC) was formed, consisting of two Financial Creditors. The first CoC meeting was convened on 03.04.2021. The representatives of Punjab National Bank, holding over 90% share of the CoC, informed the Applicant that
…CP No. (IB)-815…
Net assets valu…