The case involves an application (IA(IBC) 1893/2024) filed in connection with a Corporate Insolvency Resolution Process (CIRP) under CP (IB) No. 59/7/HDB/2022. A memo was filed stating that the amount realised by the Resolution Professional has been distributed to the stakeholders as per the approved resolution plan.
Smt. Pushpa Soni is the Financial Creditor and Jairam Foundry Pvt Ltd is the Corporate Debtor. An application IA(IBC) 1893/2024 was filed in CP (IB) No. 59/7/HDB/2022. The Resolution Professional distributed the amount realised to the stakeholders as per the approved resolution plan. The Chairman of the Monitoring Committee was present through video conference. A memo was filed stating that the amount realised by the Resolution Professional has been distributed to the stake holders as per the approved resolution plan, as such nothing survives. The memo is taken on record. The Chairman of the Monitoring Committee is discharged and further proceedings stands terminated.
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Attendance cum order…
Application IA(IBC) 1893/2024 is allowed and…
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The case involves an application (IA(IBC) 1893/2024) filed in connection with a Corporate Insolvency Resolution Process (CIRP) under CP (IB) No. 59/7/HDB/2022. A memo was filed stating that the amount realised by the Resolution Professional has been distributed to the stakeholders as per the approved resolution plan.
Smt. Pushpa Soni is the Financial Creditor and Jairam Foundry Pvt Ltd is the Corporate Debtor. An application IA(IBC) 1893/2024 was filed in CP (IB) No. 59/7/HDB/2022. The Resolution Professional distributed the amount realised to the stakeholders as per the approved resolution plan. The Chairman of the Monitoring Committee was present through video conference. A memo was filed stating that the amount realised by the Resolution Professional has been distributed to the stake holders as per the approved resolution plan, as such nothing survives. The memo is taken on record. The Chairman of the Monitoring Committee is discharged and further proceedings stands terminated.
Attendance cum order…
Application IA(IBC) 1893/2024 is allowed and…
Sign in to view related legal provisions.