The case involves an application (IA-2287/2023) filed in an ongoing Corporate Insolvency Resolution Process (CIRP) concerning Good-Day Foods Private Limited. The CIRP was initiated by Small Industries Development Bank of India (SIDBI) under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Resolution Professional (RP), Mr. Jeetendra Rajpal Daryani, filed the application seeking liquidation of the Corporate Debtor under Section 33(2) of the IBC. Public announcements were made to invite claims from creditors, and meetings of the Committee of Creditors (CoC) were convened. Despite these efforts, no resolution plan was received, and the CoC resolved to proceed with liquidation.
Small Industries Development Bank of India (SIDBI) initiated Corporate Insolvency Resolution Process (CIRP) against Good-Day Foods Private Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. Mr. Jeetendra Rajpal Daryani was appointed as the Resolution Professional (RP). Public announcements were made to invite claims from creditors, and Committee of Creditors (CoC) meetings were held. The first CoC meeting was convened on 07.02.2023. The second CoC meeting was convened on 03.03.2023, where the CoC resolved to appoint the Applicant as the Resolution Professional for the remaining period of CIRP. The third CoC meeting was held on 10.04.2023, where the CoC resolved to proceed with the liquidation of the Corporate Debtor due to the absence of any
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The case involves an application (IA-2287/2023) filed in an ongoing Corporate Insolvency Resolution Process (CIRP) concerning Good-Day Foods Private Limited. The CIRP was initiated by Small Industries Development Bank of India (SIDBI) under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Resolution Professional (RP), Mr. Jeetendra Rajpal Daryani, filed the application seeking liquidation of the Corporate Debtor under Section 33(2) of the IBC. Public announcements were made to invite claims from creditors, and meetings of the Committee of Creditors (CoC) were convened. Despite these efforts, no resolution plan was received, and the CoC resolved to proceed with liquidation.
Small Industries Development Bank of India (SIDBI) initiated Corporate Insolvency Resolution Process (CIRP) against Good-Day Foods Private Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. Mr. Jeetendra Rajpal Daryani was appointed as the Resolution Professional (RP). Public announcements were made to invite claims from creditors, and Committee of Creditors (CoC) meetings were held. The first CoC meeting was convened on 07.02.2023. The second CoC meeting was convened on 03.03.2023, where the CoC resolved to appoint the Applicant as the Resolution Professional for the remaining period of CIRP. The third CoC meeting was held on 10.04.2023, where the CoC resolved to proceed with the liquidation of the Corporate Debtor due to the absence of any
…Tribunal passed an order initiating…
Public announcement…