The case involves an application filed by the Resolution Professional of Haryana Telecom Limited under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016, seeking approval of the resolution plan. The Corporate Insolvency Resolution Process (CIRP) was initiated against Haryana Telecom Limited following a petition filed by Parivartan Investment and Finance Company, a financial creditor. The resolution plan was approved by the Committee of Creditors (CoC) with a 100% voting share. The application was reserved for orders on 29.03.2023.
Parivartan Investment and Finance Company initiated Corporate Insolvency Resolution Process (CIRP) against Haryana Telecom Limited. Mr. Sanyam Goel was appointed as the Resolution Professional. The Committee of Creditors (CoC) was formed, and several meetings were held to discuss the resolution plan. A public announcement was made inviting claims from creditors. The Resolution Professional received five Expressions of Interest (EOIs) and shortlisted three prospective resolution applicants. The CoC approved the resolution plan of Mr. Abhimanyu Singh Mehlawat with 100% voting share. The Resolution Professional filed an application with the NCLT for approval of the resolution plan. The resolution plan proposed a total amount of Rs. 25,14,02,128/- to be paid to various
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Company Petition filed by the Financial…
Corporate debtor admitted into the Corporate…
The case involves an application filed by the Resolution Professional of Haryana Telecom Limited under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016, seeking approval of the resolution plan. The Corporate Insolvency Resolution Process (CIRP) was initiated against Haryana Telecom Limited following a petition filed by Parivartan Investment and Finance Company, a financial creditor. The resolution plan was approved by the Committee of Creditors (CoC) with a 100% voting share. The application was reserved for orders on 29.03.2023.
Parivartan Investment and Finance Company initiated Corporate Insolvency Resolution Process (CIRP) against Haryana Telecom Limited. Mr. Sanyam Goel was appointed as the Resolution Professional. The Committee of Creditors (CoC) was formed, and several meetings were held to discuss the resolution plan. A public announcement was made inviting claims from creditors. The Resolution Professional received five Expressions of Interest (EOIs) and shortlisted three prospective resolution applicants. The CoC approved the resolution plan of Mr. Abhimanyu Singh Mehlawat with 100% voting share. The Resolution Professional filed an application with the NCLT for approval of the resolution plan. The resolution plan proposed a total amount of Rs. 25,14,02,128/- to be paid to various
…Company Petition filed by the Financial…
Corporate debtor admitted into the Corporate…