The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against M/s Gayatri Seafoods and Feeds Private Limited by Uni-President Vietnam Co. Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The CIRP was initiated vide order dated 13.01.2021. Mr. Kasi Srinivas was appointed as the Interim Resolution Professional and later as the Resolution Professional. No resolution plans were received, and the Committee of Creditors (COC) decided to liquidate the Corporate Debtor. An application was filed for liquidation, which was allowed on 22.09.2021. The liquidator then proceeded with the liquidation process, including public announcements, verification of claims, and constitution of a Committee of Stakeholders. The liquidator conducted a
…Uni-President Vietnam Co. Ltd initiated Corporate Insolvency Resolution Process (CIRP) against M/s Gayatri Seafoods and Feeds Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The CIRP commenced on 13.01.2021. Kasi Srinivas was appointed as the Interim Resolution Professional and later as the Resolution Professional. No resolution plans were received, leading to the decision to liquidate the Corporate Debtor. IA No.402/2021 was filed for liquidation and allowed on 22.09.2021. The liquidator made public announcements and constituted a Committee of Stakeholders. Claims were verified, and a list of stakeholders was filed. The liquidator opened a new bank account for the Corporate Debtor in liquidation. A Committee of Stakeholders was constituted
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C.P. (IB) No.469/9/HDB/2…
Corporate Insolvency Resolution Process…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against M/s Gayatri Seafoods and Feeds Private Limited by Uni-President Vietnam Co. Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The CIRP was initiated vide order dated 13.01.2021. Mr. Kasi Srinivas was appointed as the Interim Resolution Professional and later as the Resolution Professional. No resolution plans were received, and the Committee of Creditors (COC) decided to liquidate the Corporate Debtor. An application was filed for liquidation, which was allowed on 22.09.2021. The liquidator then proceeded with the liquidation process, including public announcements, verification of claims, and constitution of a Committee of Stakeholders. The liquidator conducted a
…Uni-President Vietnam Co. Ltd initiated Corporate Insolvency Resolution Process (CIRP) against M/s Gayatri Seafoods and Feeds Private Limited under Section 9 of the Insolvency and Bankruptcy Code, 2016. The CIRP commenced on 13.01.2021. Kasi Srinivas was appointed as the Interim Resolution Professional and later as the Resolution Professional. No resolution plans were received, leading to the decision to liquidate the Corporate Debtor. IA No.402/2021 was filed for liquidation and allowed on 22.09.2021. The liquidator made public announcements and constituted a Committee of Stakeholders. Claims were verified, and a list of stakeholders was filed. The liquidator opened a new bank account for the Corporate Debtor in liquidation. A Committee of Stakeholders was constituted
…C.P. (IB) No.469/9/HDB/2…
Corporate Insolvency Resolution Process…