The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against Perfact Color Digital Prints Private Limited. The Resolution Professional (RP), Mr. Harish Taneja, filed an application seeking liquidation of the Corporate Debtor. The CIRP was initiated on 2019-12-09, and Mr. Shashi Bhushan Prasad was initially appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement and received claims from various creditors, leading to the constitution of the Committee of Creditors (CoC). In the first CoC meeting, Mr. Harish Taneja was appointed as the RP, replacing Mr. Shashi Bhushan Prasad. The RP published Form G inviting Expressions of Interest (EOI). Several EOIs were received, but after scrutiny, some applicants were
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Perfact Color Digital Prints Private Limited on 2019-12-09. Shashi Bhushan Prasad was appointed as the Interim Resolution Professional (IRP). The IRP constituted a Committee of Creditors (CoC) consisting of Financial Creditors. In the first CoC meeting on 2020-01-13, Harish Taneja was appointed as the Resolution Professional (RP), replacing Shashi Bhushan Prasad. The RP published Form G inviting Expressions of Interest (EOI). Ashwani Arya and Divya Arya, Directors of the Corporate Debtor, submitted an EOI through their Financial Partner, Sanjay Ahuja, but it was rejected due to disqualification under Section 29A of the IBC. The RP re-invited EOIs, and several applications were received. After
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CIRP initiated against…
Harish Taneja appointed…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against Perfact Color Digital Prints Private Limited. The Resolution Professional (RP), Mr. Harish Taneja, filed an application seeking liquidation of the Corporate Debtor. The CIRP was initiated on 2019-12-09, and Mr. Shashi Bhushan Prasad was initially appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement and received claims from various creditors, leading to the constitution of the Committee of Creditors (CoC). In the first CoC meeting, Mr. Harish Taneja was appointed as the RP, replacing Mr. Shashi Bhushan Prasad. The RP published Form G inviting Expressions of Interest (EOI). Several EOIs were received, but after scrutiny, some applicants were
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Perfact Color Digital Prints Private Limited on 2019-12-09. Shashi Bhushan Prasad was appointed as the Interim Resolution Professional (IRP). The IRP constituted a Committee of Creditors (CoC) consisting of Financial Creditors. In the first CoC meeting on 2020-01-13, Harish Taneja was appointed as the Resolution Professional (RP), replacing Shashi Bhushan Prasad. The RP published Form G inviting Expressions of Interest (EOI). Ashwani Arya and Divya Arya, Directors of the Corporate Debtor, submitted an EOI through their Financial Partner, Sanjay Ahuja, but it was rejected due to disqualification under Section 29A of the IBC. The RP re-invited EOIs, and several applications were received. After
…CIRP initiated against…
Harish Taneja appointed…