The Resolution Professional, Mr. Santanu T. Ray, filed I.A. No. 3714/2022 seeking liquidation of Rasiklal Sankalchand Jewellers Private Limited, the Corporate Debtor, under Section 33(1) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor after ICICI Bank Limited, the Financial Creditor, filed a petition under Section 7 of the Code, which was admitted by the Tribunal on 07.06.2022. The Applicant was appointed as the Interim Resolution Professional of the Corporate Debtor by the Tribunal.
ICICI Bank Limited initiated Corporate Insolvency Resolution Process (CIRP) against Rasiklal Sankalchand Jewellers Private Limited (Corporate Debtor) by filing a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on 07.06.2022. Mr. Santanu T. Ray was appointed as the Interim Resolution Professional (IRP) and subsequently as the Resolution Professional (RP). The RP published FORM-G, inviting Expressions of Interest (EOI) for resolution plans. Nakshatra Corporate Advisors Limited submitted an EOI and also deposited an Earnest Money Deposit (EMD) of Rs. 5.00 Lakhs. Nakshatra Corporate Advisors Limited requested an extension of 14 days to submit the resolution plan. The RP sought the opinion of the Committee of Creditors (COC)
…Sign in to view the parties.
The Tribunal admitted the petition filed by…
The Applicant shared the RFRP, Information…
The Resolution Professional, Mr. Santanu T. Ray, filed I.A. No. 3714/2022 seeking liquidation of Rasiklal Sankalchand Jewellers Private Limited, the Corporate Debtor, under Section 33(1) of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor after ICICI Bank Limited, the Financial Creditor, filed a petition under Section 7 of the Code, which was admitted by the Tribunal on 07.06.2022. The Applicant was appointed as the Interim Resolution Professional of the Corporate Debtor by the Tribunal.
ICICI Bank Limited initiated Corporate Insolvency Resolution Process (CIRP) against Rasiklal Sankalchand Jewellers Private Limited (Corporate Debtor) by filing a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on 07.06.2022. Mr. Santanu T. Ray was appointed as the Interim Resolution Professional (IRP) and subsequently as the Resolution Professional (RP). The RP published FORM-G, inviting Expressions of Interest (EOI) for resolution plans. Nakshatra Corporate Advisors Limited submitted an EOI and also deposited an Earnest Money Deposit (EMD) of Rs. 5.00 Lakhs. Nakshatra Corporate Advisors Limited requested an extension of 14 days to submit the resolution plan. The RP sought the opinion of the Committee of Creditors (COC)
…The Tribunal admitted the petition filed by…
The Applicant shared the RFRP, Information…