The case involves an application filed by the Resolution Professional (RP) of Maurya Manpower Services Private Limited, seeking liquidation of the Corporate Debtor. The application was filed upon the instructions of the Committee of Creditors (CoC) because the Corporate Debtor had ceased business operations for the past three years. The Corporate Insolvency Resolution Process (CIRP) was initiated on February 11, 2022, following a petition filed under section 10 of the Insolvency and Bankruptcy Code, 2016. Mr. Anand Kumar Shandilya was appointed as the Interim Resolution Professional (IRP).
Maurya Manpower Services Private Limited (Corporate Debtor) is facing liquidation. The Resolution Professional (RP), Mr. Anang Kumar Shandilya, filed an application seeking liquidation under section 33(2) of the Insolvency and Bankruptcy Code, 2016, based on the instructions of the Committee of Creditors (CoC). The Corporate Debtor had ceased business operations for three years. The Corporate Insolvency Resolution Process (CIRP) was initiated on February 11, 2022. A public announcement was made on February 14, 2022. The CoC consists of one financial creditor, Vivid Colors Private Limited. The first CoC meeting was held on March 12, 2022, where Mr. Anang Kumar Shandilya was appointed as the Resolution Professional. The Corporate Debtor's financial position deteriorated,
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The case involves an application filed by the Resolution Professional (RP) of Maurya Manpower Services Private Limited, seeking liquidation of the Corporate Debtor. The application was filed upon the instructions of the Committee of Creditors (CoC) because the Corporate Debtor had ceased business operations for the past three years. The Corporate Insolvency Resolution Process (CIRP) was initiated on February 11, 2022, following a petition filed under section 10 of the Insolvency and Bankruptcy Code, 2016. Mr. Anand Kumar Shandilya was appointed as the Interim Resolution Professional (IRP).
Maurya Manpower Services Private Limited (Corporate Debtor) is facing liquidation. The Resolution Professional (RP), Mr. Anang Kumar Shandilya, filed an application seeking liquidation under section 33(2) of the Insolvency and Bankruptcy Code, 2016, based on the instructions of the Committee of Creditors (CoC). The Corporate Debtor had ceased business operations for three years. The Corporate Insolvency Resolution Process (CIRP) was initiated on February 11, 2022. A public announcement was made on February 14, 2022. The CoC consists of one financial creditor, Vivid Colors Private Limited. The first CoC meeting was held on March 12, 2022, where Mr. Anang Kumar Shandilya was appointed as the Resolution Professional. The Corporate Debtor's financial position deteriorated,
…Adjudicating Authority directed initiation of…
Public announcement was…