The case pertains to an application filed under section 33 read with section 60(5) of the Insolvency and Bankruptcy Code, 2016, by the Resolution Professional (RP) of Maeksin Shipping Company Private Limited, the Corporate Debtor, seeking liquidation. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor on 14/07/2022, following a petition filed by Asset Reconstruction Company India Limited, the Financial Creditor, under section 7 of the IBC. Mr. Soumitra Lahiri was appointed as the Interim Resolution Professional (IRP). Public announcements were made inviting claims from creditors, and a Committee of Creditors (CoC) was formed. The CoC appointed registered valuers and a transaction auditor. Despite inviting expressions of
…Asset Reconstruction Company India Limited, the Financial Creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Maeksin Shipping Company Private Limited, the Corporate Debtor, under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP was initiated on 14/07/2022. Mr. Soumitra Lahiri was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). Public announcements were made to invite claims from creditors, leading to the formation of a Committee of Creditors (CoC). The CoC held its first meeting on 04/08/2022. The IRP admitted a claim of Rs.3,62,099/- from Employees State Insurance Corporation (ESIC). The CoC appointed registered valuers and a transaction auditor. Despite inviting
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CIRP initiated against Maeksin Shipping Company…
Public announcement made in 'Business…
The case pertains to an application filed under section 33 read with section 60(5) of the Insolvency and Bankruptcy Code, 2016, by the Resolution Professional (RP) of Maeksin Shipping Company Private Limited, the Corporate Debtor, seeking liquidation. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor on 14/07/2022, following a petition filed by Asset Reconstruction Company India Limited, the Financial Creditor, under section 7 of the IBC. Mr. Soumitra Lahiri was appointed as the Interim Resolution Professional (IRP). Public announcements were made inviting claims from creditors, and a Committee of Creditors (CoC) was formed. The CoC appointed registered valuers and a transaction auditor. Despite inviting expressions of
…Asset Reconstruction Company India Limited, the Financial Creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Maeksin Shipping Company Private Limited, the Corporate Debtor, under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The CIRP was initiated on 14/07/2022. Mr. Soumitra Lahiri was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). Public announcements were made to invite claims from creditors, leading to the formation of a Committee of Creditors (CoC). The CoC held its first meeting on 04/08/2022. The IRP admitted a claim of Rs.3,62,099/- from Employees State Insurance Corporation (ESIC). The CoC appointed registered valuers and a transaction auditor. Despite inviting
…CIRP initiated against Maeksin Shipping Company…
Public announcement made in 'Business…