The case pertains to IA (IBC)/549/2021 filed by the Liquidator of M/s. Minerva Executive Apartments Private Limited, the Corporate Debtor (CD), under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45(3)(a) of the IBBI (Liquidation Process) Regulations, 2016. The application seeks certain prayers related to the liquidation process. The Corporate Insolvency Resolution Process (CIRP) was initiated against the CD vide order dated 05.03.2019, after a Company Petition was filed by Union Bank of India. The Applicant was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Following a decision in the 8th COC meeting, an IA was filed for the liquidation of the CD, which was allowed. The
…The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Minerva Executive Apartments Private Limited ('Corporate Debtor' or 'CD') based on a petition filed by Union Bank of India ('Financial Creditor' or 'FC'). The Adjudicating Authority admitted the petition on 05.03.2019. An Interim Resolution Professional (IRP) was appointed, who was later confirmed as the Resolution Professional (RP). Following a decision in the 8th Committee of Creditors (COC) meeting, an application was filed for the liquidation of the Corporate Debtor. The Adjudicating Authority allowed the liquidation. The existing RP was appointed as the Liquidator on 26.11.2019. A public announcement was made on 30.11.2019, and claims were received from stakeholders. The Stakeholders
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The Adjudicating Authority admitted the…
The existing Resolution Professional (RP)…
The case pertains to IA (IBC)/549/2021 filed by the Liquidator of M/s. Minerva Executive Apartments Private Limited, the Corporate Debtor (CD), under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45(3)(a) of the IBBI (Liquidation Process) Regulations, 2016. The application seeks certain prayers related to the liquidation process. The Corporate Insolvency Resolution Process (CIRP) was initiated against the CD vide order dated 05.03.2019, after a Company Petition was filed by Union Bank of India. The Applicant was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Following a decision in the 8th COC meeting, an IA was filed for the liquidation of the CD, which was allowed. The
…The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Minerva Executive Apartments Private Limited ('Corporate Debtor' or 'CD') based on a petition filed by Union Bank of India ('Financial Creditor' or 'FC'). The Adjudicating Authority admitted the petition on 05.03.2019. An Interim Resolution Professional (IRP) was appointed, who was later confirmed as the Resolution Professional (RP). Following a decision in the 8th Committee of Creditors (COC) meeting, an application was filed for the liquidation of the Corporate Debtor. The Adjudicating Authority allowed the liquidation. The existing RP was appointed as the Liquidator on 26.11.2019. A public announcement was made on 30.11.2019, and claims were received from stakeholders. The Stakeholders
…The Adjudicating Authority admitted the…
The existing Resolution Professional (RP)…