The case involves an application (IA (IBC)/373/2024) filed by the suspended director of Manjeera Retail Holdings Private Limited (MRHPL) seeking consolidation of the Corporate Insolvency Resolution Process (CIRP) of MRHPL with that of its holding company, Manjeera Constructions Limited (MCL). Both companies are undergoing CIRP, initiated on 2023-07-18. The Resolution Plans approved by their respective Committees of Creditors (CoC) have been submitted by the common Resolution Professional (RP). The application was filed more than 180 days after the CIRP commenced.
Manjeera Retail Holdings Private Limited (MRHPL) and its holding company, Manjeera Constructions Limited (MCL), are undergoing Corporate Insolvency Resolution Process (CIRP). The CIRP was initiated on 2023-07-18. The suspended director of MRHPL filed an application (IA (IBC)/373/2024) seeking consolidation of the CIRPs of MRHPL and MCL. The Resolution Plans approved by their respective Committees of Creditors (CoC) have been submitted by the common Resolution Professional (RP). The application was filed more than 180 days after the CIRP commenced. Both Corporate Debtors received 46 Expressions of Interest (EoIs) each, with 4 Prospective Resolution Applicants submitting resolution plans for MCL and 8 for MRHPL. The CoC for MRHPL consists of 2 members, while the CoC for
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Corporate Insolvency Resolution Process…
Application (IA (IBC)/373/2024) filed by…
The case involves an application (IA (IBC)/373/2024) filed by the suspended director of Manjeera Retail Holdings Private Limited (MRHPL) seeking consolidation of the Corporate Insolvency Resolution Process (CIRP) of MRHPL with that of its holding company, Manjeera Constructions Limited (MCL). Both companies are undergoing CIRP, initiated on 2023-07-18. The Resolution Plans approved by their respective Committees of Creditors (CoC) have been submitted by the common Resolution Professional (RP). The application was filed more than 180 days after the CIRP commenced.
Manjeera Retail Holdings Private Limited (MRHPL) and its holding company, Manjeera Constructions Limited (MCL), are undergoing Corporate Insolvency Resolution Process (CIRP). The CIRP was initiated on 2023-07-18. The suspended director of MRHPL filed an application (IA (IBC)/373/2024) seeking consolidation of the CIRPs of MRHPL and MCL. The Resolution Plans approved by their respective Committees of Creditors (CoC) have been submitted by the common Resolution Professional (RP). The application was filed more than 180 days after the CIRP commenced. Both Corporate Debtors received 46 Expressions of Interest (EoIs) each, with 4 Prospective Resolution Applicants submitting resolution plans for MCL and 8 for MRHPL. The CoC for MRHPL consists of 2 members, while the CoC for
…Corporate Insolvency Resolution Process…
Application (IA (IBC)/373/2024) filed by…