The case involves an application (IA-2734/2022) within the context of an insolvency resolution process (CIRP) under Section 7 of the IBC, 2016. The ex-management of the applicant pointed out certain mistakes in the Public Notice issued by the IRP regarding the CIR process of the Corporate Debtor. After the mistakes were pointed out, the IRP issued a corrigendum, and the ex-management is now satisfied with the compliance made by the IRP.
Devinder Yadav & Ors filed an application against GRJ Distributors and Developers Private Limited. The ex-management of the applicant raised concerns about mistakes in the Public Notice issued by the IRP regarding the CIR process of the Corporate Debtor. The IRP issued a corrigendum to address these mistakes. The IRP requested the ex-management to provide project-wise financials to facilitate the smooth completion of the CIRP, as the CIRP is confined to only one project of the Corporate Debtor. The ex-management assured full cooperation to the IRP.
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Order delivered on 10.06.2022, directing…
The case involves an application (IA-2734/2022) within the context of an insolvency resolution process (CIRP) under Section 7 of the IBC, 2016. The ex-management of the applicant pointed out certain mistakes in the Public Notice issued by the IRP regarding the CIR process of the Corporate Debtor. After the mistakes were pointed out, the IRP issued a corrigendum, and the ex-management is now satisfied with the compliance made by the IRP.
Devinder Yadav & Ors filed an application against GRJ Distributors and Developers Private Limited. The ex-management of the applicant raised concerns about mistakes in the Public Notice issued by the IRP regarding the CIR process of the Corporate Debtor. The IRP issued a corrigendum to address these mistakes. The IRP requested the ex-management to provide project-wise financials to facilitate the smooth completion of the CIRP, as the CIRP is confined to only one project of the Corporate Debtor. The ex-management assured full cooperation to the IRP.
Order delivered on 10.06.2022, directing…