The case involves an application filed under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016, for the approval of a Resolution Plan in respect of Foodco Delicacies India Private Limited, the Corporate Debtor. The underlying Company Petition C.P. (IB) No. 08/KOB/2021, filed by ‘The Federal Bank Limited' against the Corporate Debtor under Section 7 of the Code, was admitted by the Tribunal on 24.03.2022, initiating the Corporate Insolvency Resolution Process (CIRP). CS Ramachandran Thekkumkat Madathil was appointed as the Interim Resolution Professional (IRP), later confirmed as the Resolution Professional (RP). The Committee of Creditors (CoC), comprising The Federal Bank Limited with 100% voting share, approved the resolution plan with
…The Federal Bank Limited initiated Corporate Insolvency Resolution Process (CIRP) against Foodco Delicacies India Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on 24.03.2022. CS Ramachandran Thekkumkat Madathil was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A public announcement was made on 01.04.2022, inviting claims from creditors. The Committee of Creditors (CoC) was constituted, comprising The Federal Bank Limited with 100% voting share. Ten CoC meetings were held during the CIRP. An invitation for Expression of Interest (EoI) was published on 06.06.2022, with a last date of receipt of resolution plans on 31.07.2022. The CIRP timeline was
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Underlying Company Petition filed by ‘The…
Tribunal admitted the Company Petition and…
The case involves an application filed under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016, for the approval of a Resolution Plan in respect of Foodco Delicacies India Private Limited, the Corporate Debtor. The underlying Company Petition C.P. (IB) No. 08/KOB/2021, filed by ‘The Federal Bank Limited' against the Corporate Debtor under Section 7 of the Code, was admitted by the Tribunal on 24.03.2022, initiating the Corporate Insolvency Resolution Process (CIRP). CS Ramachandran Thekkumkat Madathil was appointed as the Interim Resolution Professional (IRP), later confirmed as the Resolution Professional (RP). The Committee of Creditors (CoC), comprising The Federal Bank Limited with 100% voting share, approved the resolution plan with
…The Federal Bank Limited initiated Corporate Insolvency Resolution Process (CIRP) against Foodco Delicacies India Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on 24.03.2022. CS Ramachandran Thekkumkat Madathil was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A public announcement was made on 01.04.2022, inviting claims from creditors. The Committee of Creditors (CoC) was constituted, comprising The Federal Bank Limited with 100% voting share. Ten CoC meetings were held during the CIRP. An invitation for Expression of Interest (EoI) was published on 06.06.2022, with a last date of receipt of resolution plans on 31.07.2022. The CIRP timeline was
…Underlying Company Petition filed by ‘The…
Tribunal admitted the Company Petition and…