The application was filed under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) by the Resolution Professional (RP) of the Corporate Debtor, H. M. Industrial Pvt. Ltd., seeking approval of the resolution plan. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) on 07.06.2019. The Interim Resolution Professional (IRP) made a public announcement of the CIRP and constituted a Committee of Creditors (CoC). The RP published Form-G calling upon Prospective Resolution Applicants to submit Expression of Interest (Eol)/ Resolution Plans. The RP received one Resolution Plan which was rejected by the CoC. The RP then filed an application for the liquidation of the Corporate Debtor. The Suspended Management of the Corporate Debtor
…Mr. Vijay P. Lulla, the Resolution Professional (RP) of the Corporate Debtor, H. M. Industrial Pvt. Ltd., filed an application under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) seeking approval of the resolution plan. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) on 07.06.2019, and Mr. Sunil Kumar Agarwal was appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement of the CIRP and constituted a Committee of Creditors (CoC). The RP published Form-G calling upon Prospective Resolution Applicants to submit Expression of Interest (Eol)/ Resolution Plans. The RP received one Resolution Plan from M/s. Maxim Tubes Company Private Limited, which was rejected by the CoC. The RP then
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Corporate Debtor…
Interim Resolution…
The application was filed under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) by the Resolution Professional (RP) of the Corporate Debtor, H. M. Industrial Pvt. Ltd., seeking approval of the resolution plan. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) on 07.06.2019. The Interim Resolution Professional (IRP) made a public announcement of the CIRP and constituted a Committee of Creditors (CoC). The RP published Form-G calling upon Prospective Resolution Applicants to submit Expression of Interest (Eol)/ Resolution Plans. The RP received one Resolution Plan which was rejected by the CoC. The RP then filed an application for the liquidation of the Corporate Debtor. The Suspended Management of the Corporate Debtor
…Mr. Vijay P. Lulla, the Resolution Professional (RP) of the Corporate Debtor, H. M. Industrial Pvt. Ltd., filed an application under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (IBC) seeking approval of the resolution plan. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) on 07.06.2019, and Mr. Sunil Kumar Agarwal was appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement of the CIRP and constituted a Committee of Creditors (CoC). The RP published Form-G calling upon Prospective Resolution Applicants to submit Expression of Interest (Eol)/ Resolution Plans. The RP received one Resolution Plan from M/s. Maxim Tubes Company Private Limited, which was rejected by the CoC. The RP then
…Corporate Debtor…
Interim Resolution…