The case pertains to an application filed under Section 33 and Section 34(1) of the Insolvency and Bankruptcy Code, 2016, for the liquidation of the corporate debtor, Growmore Wealth Private Limited. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) on 2022-06-21 following an application by Financial Creditor Rajhans Infrabuild LLP. An Interim Resolution Professional (IRP) was appointed, who was subsequently appointed as the Resolution Professional (RP). A public announcement was issued inviting claims from creditors. The Committee of Creditors (CoC) was constituted, consisting of Rajhans Infrabuild LLP with 100% voting share. Various CoC meetings were conducted, and the CIRP period was extended. An application for non-cooperation
…Shivkumar Madanlal Baser, the Resolution Professional (RP) of Growmore Wealth Private Limited, filed an application for the liquidation of the company under Section 33 and Section 34(1) of the Insolvency and Bankruptcy Code, 2016. Growmore Wealth Private Limited was admitted into Corporate Insolvency Resolution Process (CIRP) on 2022-06-21, following an application by Financial Creditor Rajhans Infrabuild LLP. The RP issued a public announcement inviting claims from creditors. The Committee of Creditors (CoC) was constituted, with Rajhans Infrabuild LLP holding 100% voting share. Several CoC meetings were held, and the CIRP period was extended. An application for non-cooperation against the suspended management was also filed. The 6th CoC meeting resolved to liquidate
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Corporate Debtor admitted into Corporate…
The IRP issued public announcement in…
The case pertains to an application filed under Section 33 and Section 34(1) of the Insolvency and Bankruptcy Code, 2016, for the liquidation of the corporate debtor, Growmore Wealth Private Limited. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) on 2022-06-21 following an application by Financial Creditor Rajhans Infrabuild LLP. An Interim Resolution Professional (IRP) was appointed, who was subsequently appointed as the Resolution Professional (RP). A public announcement was issued inviting claims from creditors. The Committee of Creditors (CoC) was constituted, consisting of Rajhans Infrabuild LLP with 100% voting share. Various CoC meetings were conducted, and the CIRP period was extended. An application for non-cooperation
…Shivkumar Madanlal Baser, the Resolution Professional (RP) of Growmore Wealth Private Limited, filed an application for the liquidation of the company under Section 33 and Section 34(1) of the Insolvency and Bankruptcy Code, 2016. Growmore Wealth Private Limited was admitted into Corporate Insolvency Resolution Process (CIRP) on 2022-06-21, following an application by Financial Creditor Rajhans Infrabuild LLP. The RP issued a public announcement inviting claims from creditors. The Committee of Creditors (CoC) was constituted, with Rajhans Infrabuild LLP holding 100% voting share. Several CoC meetings were held, and the CIRP period was extended. An application for non-cooperation against the suspended management was also filed. The 6th CoC meeting resolved to liquidate
…Corporate Debtor admitted into Corporate…
The IRP issued public announcement in…