The application IA(I.B.C)/750(KB)2022 was filed seeking the replacement of the Interim Resolution Professional (IRP) Shri Sandeep Mitra with Shri Pratap Mukherjee. This replacement was proposed in accordance with a resolution approved by 89.30% of the Committee of Creditors (CoC) members. The resolution approving the replacement of the IRP was placed on record at page 61, and the resolution regarding the appointment of the Resolution Professional was placed at page 62.
UCO Bank initiated proceedings against Limtex (India) Limited under Section 7 of the IBC. An application was filed (IA 750 of 2022) seeking the replacement of the existing IRP, Shri Sandeep Mitra, with Shri Pratap Mukherjee. This request was based on a resolution passed by 89.30% of the CoC members. The resolution approving the IRP replacement was documented on page 61, while the resolution concerning the appointment of the Resolution Professional was on page 62. The court considered these facts and the records presented.
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The application IA(I.B.C)/750(KB)2022 was filed seeking the replacement of the Interim Resolution Professional (IRP) Shri Sandeep Mitra with Shri Pratap Mukherjee. This replacement was proposed in accordance with a resolution approved by 89.30% of the Committee of Creditors (CoC) members. The resolution approving the replacement of the IRP was placed on record at page 61, and the resolution regarding the appointment of the Resolution Professional was placed at page 62.
UCO Bank initiated proceedings against Limtex (India) Limited under Section 7 of the IBC. An application was filed (IA 750 of 2022) seeking the replacement of the existing IRP, Shri Sandeep Mitra, with Shri Pratap Mukherjee. This request was based on a resolution passed by 89.30% of the CoC members. The resolution approving the IRP replacement was documented on page 61, while the resolution concerning the appointment of the Resolution Professional was on page 62. The court considered these facts and the records presented.
Hearing held…
Matter listed for…