The Liquidator of Shree Ganesh EPC Private Limited filed a Company Application under Sections 230-232 of the Companies Act, 2013, seeking directions for convening meetings of creditors/stakeholders to consider a Scheme of Arrangement. The Corporate Debtor was undergoing liquidation, and the application was filed to facilitate the compromise and arrangement process.
The Liquidator of Shree Ganesh EPC Private Limited, the Corporate Debtor, filed a Company Application under sections 230 -232 of the Companies Act, 2013, along with relevant provisions of the Insolvency and Bankruptcy Code, 2016, and associated regulations. The application sought permission to convene meetings of creditors and stakeholders to consider a Scheme of Arrangement. The Corporate Debtor's Corporate Insolvency Resolution Process (CIRP) was initiated on September 6, 2019, and subsequently, liquidation was ordered on January 17, 2022. Following the liquidation order, the Liquidator invited Schemes of Compromise on February 1, 2022, under Regulation 2B of IBBI (Liquidation Process) Regulation, 2016. The deadline for submission was initially February 21, 2022, and
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Corporate Insolvency Resolution Process (CIRP)…
Liquidation was ordered for the Corporate…
The Liquidator of Shree Ganesh EPC Private Limited filed a Company Application under Sections 230-232 of the Companies Act, 2013, seeking directions for convening meetings of creditors/stakeholders to consider a Scheme of Arrangement. The Corporate Debtor was undergoing liquidation, and the application was filed to facilitate the compromise and arrangement process.
The Liquidator of Shree Ganesh EPC Private Limited, the Corporate Debtor, filed a Company Application under sections 230 -232 of the Companies Act, 2013, along with relevant provisions of the Insolvency and Bankruptcy Code, 2016, and associated regulations. The application sought permission to convene meetings of creditors and stakeholders to consider a Scheme of Arrangement. The Corporate Debtor's Corporate Insolvency Resolution Process (CIRP) was initiated on September 6, 2019, and subsequently, liquidation was ordered on January 17, 2022. Following the liquidation order, the Liquidator invited Schemes of Compromise on February 1, 2022, under Regulation 2B of IBBI (Liquidation Process) Regulation, 2016. The deadline for submission was initially February 21, 2022, and
…Corporate Insolvency Resolution Process (CIRP)…
Liquidation was ordered for the Corporate…