The case pertains to an application (I.A. No. 3353 of 2022) filed by the Resolution Professional, Mr. Devang Sampat, seeking liquidation of Kieon Developers Private Limited, the Corporate Debtor, under Section 33(3) of the Insolvency and Bankruptcy Code, 2016. The Committee of Creditors (COC) of the Corporate Debtor unanimously resolved to liquidate the Corporate Debtor. The CIRP was initiated based on an application filed by an Operational Creditor, which was admitted on 2019-11-13. An interim resolution professional was appointed, and claims were invited. The COC later resolved to replace the initial resolution professional. The COC approved the resolution for liquidation with 97.27% of the total voting share.
The Resolution Professional, Mr. Devang Sampat, filed an application (I.A. No. 3353 of 2022) seeking liquidation of Kieon Developers Private Limited, the Corporate Debtor, under Section 33(3) of the Insolvency and Bankruptcy Code, 2016. The CIRP was initiated based on an application filed by an Operational Creditor, which was admitted on 2019-11-13. Ms. Tanuja Jalan was appointed as Interim Resolution Professional and invited claims. The Committee of Creditors (COC) unanimously resolved to liquidate the Corporate Debtor. The COC approved the resolution for liquidation with 97.27% of the total voting share. The initial period of 180 days expired on 2020-05-12. The COC passed a resolution for replacement of the erstwhile resolution professional on 2020-09-14. The
…Sign in to view the parties.
Filing of C.P.(IB)2489(M…
Application filed by…
The case pertains to an application (I.A. No. 3353 of 2022) filed by the Resolution Professional, Mr. Devang Sampat, seeking liquidation of Kieon Developers Private Limited, the Corporate Debtor, under Section 33(3) of the Insolvency and Bankruptcy Code, 2016. The Committee of Creditors (COC) of the Corporate Debtor unanimously resolved to liquidate the Corporate Debtor. The CIRP was initiated based on an application filed by an Operational Creditor, which was admitted on 2019-11-13. An interim resolution professional was appointed, and claims were invited. The COC later resolved to replace the initial resolution professional. The COC approved the resolution for liquidation with 97.27% of the total voting share.
The Resolution Professional, Mr. Devang Sampat, filed an application (I.A. No. 3353 of 2022) seeking liquidation of Kieon Developers Private Limited, the Corporate Debtor, under Section 33(3) of the Insolvency and Bankruptcy Code, 2016. The CIRP was initiated based on an application filed by an Operational Creditor, which was admitted on 2019-11-13. Ms. Tanuja Jalan was appointed as Interim Resolution Professional and invited claims. The Committee of Creditors (COC) unanimously resolved to liquidate the Corporate Debtor. The COC approved the resolution for liquidation with 97.27% of the total voting share. The initial period of 180 days expired on 2020-05-12. The COC passed a resolution for replacement of the erstwhile resolution professional on 2020-09-14. The
…Filing of C.P.(IB)2489(M…
Application filed by…