The case pertains to an application for the dissolution of Harihar International Private Limited, a corporate debtor undergoing liquidation. The operational creditor, RASPL Industries Private Limited, initiated the Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP was initiated via C.P. (IB)/458(KB)2019, and the petition was admitted on August 31, 2022. Following a public announcement to creditors, the Committee of Creditors (CoC) determined that the corporate debtor lacked assets or revenue, making liquidation the prudent course of action. The liquidator was appointed on August 2, 2023, and made a public announcement. Several Stakeholders’ Consultation Committee meetings were held. The liquidator
…RASPL Industries Private Limited, an operational creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Harihar International Private Limited under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP was initiated via C.P. (IB)/458(KB)2019 and admitted on August 31, 2022. An Interim Resolution Professional made a public announcement on September 3, 2022, inviting claims from creditors. The Committee of Creditors (CoC) determined that Harihar International Private Limited had no assets or revenue, making liquidation the most prudent course of action. The liquidator was appointed on August 2, 2023, and made a public announcement on August 8, 2023. Several Stakeholders’ Consultation Committee meetings were held between September 9,
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Corporate Insolvency…
Petition fo…
The case pertains to an application for the dissolution of Harihar International Private Limited, a corporate debtor undergoing liquidation. The operational creditor, RASPL Industries Private Limited, initiated the Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP was initiated via C.P. (IB)/458(KB)2019, and the petition was admitted on August 31, 2022. Following a public announcement to creditors, the Committee of Creditors (CoC) determined that the corporate debtor lacked assets or revenue, making liquidation the prudent course of action. The liquidator was appointed on August 2, 2023, and made a public announcement. Several Stakeholders’ Consultation Committee meetings were held. The liquidator
…RASPL Industries Private Limited, an operational creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Harihar International Private Limited under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP was initiated via C.P. (IB)/458(KB)2019 and admitted on August 31, 2022. An Interim Resolution Professional made a public announcement on September 3, 2022, inviting claims from creditors. The Committee of Creditors (CoC) determined that Harihar International Private Limited had no assets or revenue, making liquidation the most prudent course of action. The liquidator was appointed on August 2, 2023, and made a public announcement on August 8, 2023. Several Stakeholders’ Consultation Committee meetings were held between September 9,
…Corporate Insolvency…
Petition fo…