The application was filed under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, by Rajeev Dhingra, the Resolution Professional (RP) of the Corporate Debtor, Radha Madhav Corporation Limited, seeking approval of the Resolution Plan submitted by VAMA Construction Co. The Corporate Debtor was admitted into the Corporate Insolvency Resolution Process (CIRP) on 22.10.2020. Several Interim Resolution Professionals (IRPs) were appointed and replaced. The Committee of Creditors (CoC) was formed, consisting of Alchemist Asset Reconstruction Company (AARC) with 100% voting rights. Multiple CoC meetings were held to discuss the resolution plan, including extensions of the CIRP period and exclusion of certain days from the CIRP period. The Resolution Plan submitted by
…Rajeev Dhingra, the Resolution Professional (RP) of Radha Madhav Corporation Limited, filed an application under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by VAMA Construction Co. The Corporate Debtor was admitted into CIRP on 22.10.2020. Mr. Kedar Ramratan Laddha was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Sanjay Badrilal Punglia. The Committee of Creditors (CoC) was formed, consisting solely of Alchemist Asset Reconstruction Company (AARC) with 100% voting rights. Several CoC meetings were conducted, addressing CIRP extensions and exclusions. The RP published Form-G, inviting prospective Resolution Applicants to submit Expression of Interests (EoIs). Out
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Radha Madhav Corporation Limited was admitted…
Mr. Sanjay Badrilal…
The application was filed under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, by Rajeev Dhingra, the Resolution Professional (RP) of the Corporate Debtor, Radha Madhav Corporation Limited, seeking approval of the Resolution Plan submitted by VAMA Construction Co. The Corporate Debtor was admitted into the Corporate Insolvency Resolution Process (CIRP) on 22.10.2020. Several Interim Resolution Professionals (IRPs) were appointed and replaced. The Committee of Creditors (CoC) was formed, consisting of Alchemist Asset Reconstruction Company (AARC) with 100% voting rights. Multiple CoC meetings were held to discuss the resolution plan, including extensions of the CIRP period and exclusion of certain days from the CIRP period. The Resolution Plan submitted by
…Rajeev Dhingra, the Resolution Professional (RP) of Radha Madhav Corporation Limited, filed an application under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by VAMA Construction Co. The Corporate Debtor was admitted into CIRP on 22.10.2020. Mr. Kedar Ramratan Laddha was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Sanjay Badrilal Punglia. The Committee of Creditors (CoC) was formed, consisting solely of Alchemist Asset Reconstruction Company (AARC) with 100% voting rights. Several CoC meetings were conducted, addressing CIRP extensions and exclusions. The RP published Form-G, inviting prospective Resolution Applicants to submit Expression of Interests (EoIs). Out
…Radha Madhav Corporation Limited was admitted…
Mr. Sanjay Badrilal…