The case involves an application for approval of a Resolution Plan submitted by Zebronics India Private Limited for the insolvency resolution of Best IT World India Private Limited, the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor on 22.05.2024. Mr. Rakesh Kumar Tulsyan was appointed as the Interim Resolution Professional (IRP). The IRP published a public announcement inviting claims from creditors. The Committee of Creditors (CoC) was constituted, and the IRP invited Expression of Interest (EOI). After due verification, a provisional list of Prospective Resolution Applicants (PRAs) was declared. The Evaluation Matrix and the Request for Resolution Plan (RFRP) were discussed and approved. The Interim
…The Resolution Professional of Best IT World India Private Limited, Mr. Prashant Jain, filed an application seeking approval of the Resolution Plan submitted by Zebronics India Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated against Best IT World India Private Limited on 22.05.2024, and Mr. Rakesh Kumar Tulsyan was appointed as the Interim Resolution Professional (IRP). The IRP published a public announcement inviting claims from creditors. The Committee of Creditors (CoC) was constituted, and the IRP invited Expression of Interest (EOI). After due verification, a provisional list of Prospective Resolution Applicants (PRAs) was declared. The Evaluation Matrix and the Request for Resolution Plan (RFRP) were discussed and approved. The
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The Corporate Insolvency Resolution Process…
Mr. Rakesh Kumar Tulsyan…
The case involves an application for approval of a Resolution Plan submitted by Zebronics India Private Limited for the insolvency resolution of Best IT World India Private Limited, the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor on 22.05.2024. Mr. Rakesh Kumar Tulsyan was appointed as the Interim Resolution Professional (IRP). The IRP published a public announcement inviting claims from creditors. The Committee of Creditors (CoC) was constituted, and the IRP invited Expression of Interest (EOI). After due verification, a provisional list of Prospective Resolution Applicants (PRAs) was declared. The Evaluation Matrix and the Request for Resolution Plan (RFRP) were discussed and approved. The Interim
…The Resolution Professional of Best IT World India Private Limited, Mr. Prashant Jain, filed an application seeking approval of the Resolution Plan submitted by Zebronics India Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated against Best IT World India Private Limited on 22.05.2024, and Mr. Rakesh Kumar Tulsyan was appointed as the Interim Resolution Professional (IRP). The IRP published a public announcement inviting claims from creditors. The Committee of Creditors (CoC) was constituted, and the IRP invited Expression of Interest (EOI). After due verification, a provisional list of Prospective Resolution Applicants (PRAs) was declared. The Evaluation Matrix and the Request for Resolution Plan (RFRP) were discussed and approved. The
…The Corporate Insolvency Resolution Process…
Mr. Rakesh Kumar Tulsyan…