The case pertains to the dissolution of R. B. Rice Mills Private Limited, initiated under Section 54 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor was initially admitted into Corporate Insolvency Resolution Process (CIRP) on 2018-05-10. Mr. Rajiv Bhatnagar was appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Satyendra Prasad Khorania. Subsequently, a liquidation order was passed, and Mr. Khorania was appointed as the Liquidator on 2019-11-20.
On 2018-05-10, the Corporate Debtor, R. B. Rice Mills Pvt. Ltd., was admitted into CIRP. Mr. Rajiv Bhatnagar was appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Satyendra Prasad Khorania on 2018-10-18. A liquidation order was subsequently passed, and Mr. Khorania was appointed as the Liquidator on 2019-11-20. The Liquidator opened a bank account for the corporate debtor on 2019-12-01. Public announcements regarding the liquidation were made on 2019-11-24 and 2019-11-26. The last date for receipt of claims was 2019-12-20. The Liquidator received one claim from a financial creditor and three claims from operational creditors. The Liquidator conducted four auctions, with the fourth auction resulting in a sale of assets for ₹4,45,50,000 on
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Corporate D…
Mr. Satyendra Prasad…
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The case pertains to the dissolution of R. B. Rice Mills Private Limited, initiated under Section 54 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor was initially admitted into Corporate Insolvency Resolution Process (CIRP) on 2018-05-10. Mr. Rajiv Bhatnagar was appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Satyendra Prasad Khorania. Subsequently, a liquidation order was passed, and Mr. Khorania was appointed as the Liquidator on 2019-11-20.
On 2018-05-10, the Corporate Debtor, R. B. Rice Mills Pvt. Ltd., was admitted into CIRP. Mr. Rajiv Bhatnagar was appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Satyendra Prasad Khorania on 2018-10-18. A liquidation order was subsequently passed, and Mr. Khorania was appointed as the Liquidator on 2019-11-20. The Liquidator opened a bank account for the corporate debtor on 2019-12-01. Public announcements regarding the liquidation were made on 2019-11-24 and 2019-11-26. The last date for receipt of claims was 2019-12-20. The Liquidator received one claim from a financial creditor and three claims from operational creditors. The Liquidator conducted four auctions, with the fourth auction resulting in a sale of assets for ₹4,45,50,000 on
…Corporate D…
Mr. Satyendra Prasad…
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