The case involves IA (IBC) 1368/2022 filed in CP(IB) No.165/9/HDB/2020 under Section 30(6) & 31(1) of the Insolvency and Bankruptcy Code (IBC), 2016, read with regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The Resolution Professional sought approval of the resolution plan submitted by Resolution Applicants Mr. Ratakonda Vivek Kumar jointly with Srinivas Pagadala, which was approved by the Committee of Creditors (CoC) with 100% voting. The main petition was filed by Operational Creditor M/s. Tecno Craft under Section 9 of IBC, 2016, and was admitted on 08.03.2022, initiating the Corporate Insolvency Resolution Process (CIRP) against the Corporate Applicant, G.R. Cables Ltd.
…M/s. Tecno Craft, an Operational Creditor, initiated Corporate Insolvency Resolution Process (CIRP) against G.R. Cables Ltd, the Corporate Debtor, under Section 9 of the IBC, 2016. The petition was admitted on 08.03.2022, and CIRP was commenced. An Interim Resolution Professional (IRP) was appointed, who continued as Resolution Professional. A public announcement was made on 12.03.2022, inviting claims from creditors. The Committee of Creditors (CoC) was constituted on 01.04.2022. The first CoC meeting was held on 09.04.2022, where the IRP was appointed as RP. Form-G was issued on 18.05.2022, inviting Expression of Interest (EOI) from prospective resolution applicants, with a deadline of 02.06.2022. The Resolution Professional received 3 EOIs. The 5th CoC meeting was
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The main petition filed by Operational…
Public announcement in Form-A was made by IRP…
The case involves IA (IBC) 1368/2022 filed in CP(IB) No.165/9/HDB/2020 under Section 30(6) & 31(1) of the Insolvency and Bankruptcy Code (IBC), 2016, read with regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The Resolution Professional sought approval of the resolution plan submitted by Resolution Applicants Mr. Ratakonda Vivek Kumar jointly with Srinivas Pagadala, which was approved by the Committee of Creditors (CoC) with 100% voting. The main petition was filed by Operational Creditor M/s. Tecno Craft under Section 9 of IBC, 2016, and was admitted on 08.03.2022, initiating the Corporate Insolvency Resolution Process (CIRP) against the Corporate Applicant, G.R. Cables Ltd.
…M/s. Tecno Craft, an Operational Creditor, initiated Corporate Insolvency Resolution Process (CIRP) against G.R. Cables Ltd, the Corporate Debtor, under Section 9 of the IBC, 2016. The petition was admitted on 08.03.2022, and CIRP was commenced. An Interim Resolution Professional (IRP) was appointed, who continued as Resolution Professional. A public announcement was made on 12.03.2022, inviting claims from creditors. The Committee of Creditors (CoC) was constituted on 01.04.2022. The first CoC meeting was held on 09.04.2022, where the IRP was appointed as RP. Form-G was issued on 18.05.2022, inviting Expression of Interest (EOI) from prospective resolution applicants, with a deadline of 02.06.2022. The Resolution Professional received 3 EOIs. The 5th CoC meeting was
…The main petition filed by Operational…
Public announcement in Form-A was made by IRP…