The case involves multiple IAs (Interlocutory Applications) filed under the Insolvency and Bankruptcy Code (IBC) before the National Company Law Tribunal (NCLT), Kolkata Bench. These applications pertain to various aspects of the corporate insolvency resolution process (CIRP) of RCBS Realty Private Limited, including the replacement of the Resolution Professional (RP), allegations of false information provided by respondents, and consideration of a revival plan.
The case involves RCBS Realty Private Limited, undergoing CIRP under the IBC. Mr. Rajat Mukherjee, the existing RP, filed IA(I.B.C)/2236(KB)2024 seeking permission to resign due to medical reasons and proposing the appointment of Mr. Manish Jain as the new RP. The Committee of Creditors (CoC) approved this replacement. There were allegations in IA(I.B.C)/572(KB)2022 and IA(I.B.C)/581(KB)2022 that some respondents provided false information, hindering the CIRP. IA(I.B.C)/406(KB)2022 sought condonation of delay and consideration of a revival plan submitted by the applicant. IA(I.B.C)/365(KB)2022 concerned the modification of the applicant's claim. The CoC ratified the release of dues to the outgoing RP, amounting to Rs. 40,60,433/-.
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Order sheet of the hearing on December 3,…
Revival proposal/plan submitted by the…
The case involves multiple IAs (Interlocutory Applications) filed under the Insolvency and Bankruptcy Code (IBC) before the National Company Law Tribunal (NCLT), Kolkata Bench. These applications pertain to various aspects of the corporate insolvency resolution process (CIRP) of RCBS Realty Private Limited, including the replacement of the Resolution Professional (RP), allegations of false information provided by respondents, and consideration of a revival plan.
The case involves RCBS Realty Private Limited, undergoing CIRP under the IBC. Mr. Rajat Mukherjee, the existing RP, filed IA(I.B.C)/2236(KB)2024 seeking permission to resign due to medical reasons and proposing the appointment of Mr. Manish Jain as the new RP. The Committee of Creditors (CoC) approved this replacement. There were allegations in IA(I.B.C)/572(KB)2022 and IA(I.B.C)/581(KB)2022 that some respondents provided false information, hindering the CIRP. IA(I.B.C)/406(KB)2022 sought condonation of delay and consideration of a revival plan submitted by the applicant. IA(I.B.C)/365(KB)2022 concerned the modification of the applicant's claim. The CoC ratified the release of dues to the outgoing RP, amounting to Rs. 40,60,433/-.
Order sheet of the hearing on December 3,…
Revival proposal/plan submitted by the…