The application, IA No.217/2023 in CP(IB) 504/ALD/2019, was filed for the dissolution of Shree Basant Oils Limited, the Corporate Debtor, under Section 54 of the Insolvency & Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated based on an application under Section 9 of IBC, admitted on 16.01.2020. Mr. KK Agarwal was appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Aditya Agarwal on 12.06.2020. The Committee of Creditors (CoC) resolved on 13.01.2021 to liquidate the Corporate Debtor. An application for liquidation was filed, and the Adjudicating Authority ordered liquidation on 14.12.2021, appointing Mr. Manish Agarwal as the Liquidator. Public announcements were made, claims were invited, and the
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Shree Basant Oils Limited based on an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The application was admitted on 16.01.2020. Mr. KK Agarwal was appointed as the Interim Resolution Professional (IRP), and later replaced by Mr. Aditya Agarwal. The Committee of Creditors (CoC) resolved on 13.01.2021 to liquidate the Corporate Debtor. An application for liquidation was filed, and the Adjudicating Authority ordered liquidation on 14.12.2021, appointing Mr. Manish Agarwal as the Liquidator. Public announcements were made in newspapers, and the Registrar of Companies was notified. The liquidator opened a liquidation account, engaged professionals for valuation, collected
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Application…
Mr. KK Agarwal…
The application, IA No.217/2023 in CP(IB) 504/ALD/2019, was filed for the dissolution of Shree Basant Oils Limited, the Corporate Debtor, under Section 54 of the Insolvency & Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated based on an application under Section 9 of IBC, admitted on 16.01.2020. Mr. KK Agarwal was appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Aditya Agarwal on 12.06.2020. The Committee of Creditors (CoC) resolved on 13.01.2021 to liquidate the Corporate Debtor. An application for liquidation was filed, and the Adjudicating Authority ordered liquidation on 14.12.2021, appointing Mr. Manish Agarwal as the Liquidator. Public announcements were made, claims were invited, and the
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Shree Basant Oils Limited based on an application under Section 9 of the Insolvency and Bankruptcy Code (IBC). The application was admitted on 16.01.2020. Mr. KK Agarwal was appointed as the Interim Resolution Professional (IRP), and later replaced by Mr. Aditya Agarwal. The Committee of Creditors (CoC) resolved on 13.01.2021 to liquidate the Corporate Debtor. An application for liquidation was filed, and the Adjudicating Authority ordered liquidation on 14.12.2021, appointing Mr. Manish Agarwal as the Liquidator. Public announcements were made in newspapers, and the Registrar of Companies was notified. The liquidator opened a liquidation account, engaged professionals for valuation, collected
…Application…
Mr. KK Agarwal…