The case pertains to an Interlocutory Application No. 209/KB/2024 filed in Company Petition (IB) No. 1694/KB/2018 before the National Company Law Tribunal (NCLT), Kolkata. The liquidation process against Kohinoor Paper and Newspaper Private Limited (Corporate Debtor) was initiated on 2021-07-12, and Mr. Uday Narayan Mitra was appointed as the Liquidator. Subsequently, the Stakeholders Consultation Committee (SCC) decided to replace Mr. Uday Narayan Mitra with Ms. Rachna Jhunjhunwala as the Liquidator, as per the Tribunal's order dated 2023-06-28. A consortium consisting of Dwarakapati Smelters Private Limited and Bhagwati Vintrade Private Limited was formed around 2023-09-20 and submitted an Expression of Interest (EOI) to acquire the Corporate Debtor for a
…The liquidation process against Kohinoor Paper and Newspaper Private Limited (Corporate Debtor) was initiated by the NCLT on 2021-07-12, and Mr. Uday Narayan Mitra was appointed as the Liquidator. The Stakeholders Consultation Committee (SCC) decided to replace Mr. Uday Narayan Mitra with Ms. Rachna Jhunjhunwala as the Liquidator, as per the Tribunal's order dated 2023-06-28. A consortium consisting of Dwarakapati Smelters Private Limited and Bhagwati Vintrade Private Limited was formed around 2023-09-20 and submitted an Expression of Interest (EOI) to acquire the Corporate Debtor for a consideration of Rs. 53,45,00,000, depositing an Earnest Money Deposit (EMD) of Rs. 5,34,00,000. The Liquidator issued a Letter of Intent (LOI) on 2023-09-25 to the consortium for
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Company Petition (IB)…
Liquidation against the…
The case pertains to an Interlocutory Application No. 209/KB/2024 filed in Company Petition (IB) No. 1694/KB/2018 before the National Company Law Tribunal (NCLT), Kolkata. The liquidation process against Kohinoor Paper and Newspaper Private Limited (Corporate Debtor) was initiated on 2021-07-12, and Mr. Uday Narayan Mitra was appointed as the Liquidator. Subsequently, the Stakeholders Consultation Committee (SCC) decided to replace Mr. Uday Narayan Mitra with Ms. Rachna Jhunjhunwala as the Liquidator, as per the Tribunal's order dated 2023-06-28. A consortium consisting of Dwarakapati Smelters Private Limited and Bhagwati Vintrade Private Limited was formed around 2023-09-20 and submitted an Expression of Interest (EOI) to acquire the Corporate Debtor for a
…The liquidation process against Kohinoor Paper and Newspaper Private Limited (Corporate Debtor) was initiated by the NCLT on 2021-07-12, and Mr. Uday Narayan Mitra was appointed as the Liquidator. The Stakeholders Consultation Committee (SCC) decided to replace Mr. Uday Narayan Mitra with Ms. Rachna Jhunjhunwala as the Liquidator, as per the Tribunal's order dated 2023-06-28. A consortium consisting of Dwarakapati Smelters Private Limited and Bhagwati Vintrade Private Limited was formed around 2023-09-20 and submitted an Expression of Interest (EOI) to acquire the Corporate Debtor for a consideration of Rs. 53,45,00,000, depositing an Earnest Money Deposit (EMD) of Rs. 5,34,00,000. The Liquidator issued a Letter of Intent (LOI) on 2023-09-25 to the consortium for
…Company Petition (IB)…
Liquidation against the…