The application was filed by Mr. Nimai Gautam Shah, the Resolution Professional of M/s. Sintex Oil & Gas Limited, under Sections 33 and 60(5) of the Insolvency and Bankruptcy Code, 2016, for the liquidation of the Corporate Debtor. The Adjudicating Authority admitted the application filed by M/s. MG Well Solutions Project International Private Limited for initiation of Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. Mr. Nimai Gautam Shah was appointed as the Interim Resolution Professional (IRP). The applicant made a public announcement and invited claims. The IRP constituted a CoC comprising of the sole operational creditor, M/s. Navrang Roadlines Private Limited. The IRP was confirmed as Resolution Professional (RP) of the corporate
…Mr. Nimai Gautam Shah, the Resolution Professional of M/s. Sintex Oil & Gas Limited, filed an application for liquidation of the Corporate Debtor under Sections 33 and 60(5) of the Insolvency and Bankruptcy Code, 2016. M/s. MG Well Solutions Project International Private Limited had previously filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against Sintex Oil & Gas Limited, which was admitted. Mr. Nimai Gautam Shah was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A CoC was formed, initially comprising M/s. Navrang Roadlines Private Limited and later re-constituted with BVM Finance Private Limited as the sole financial creditor. The CoC resolved not to
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The application was filed by Mr. Nimai Gautam Shah, the Resolution Professional of M/s. Sintex Oil & Gas Limited, under Sections 33 and 60(5) of the Insolvency and Bankruptcy Code, 2016, for the liquidation of the Corporate Debtor. The Adjudicating Authority admitted the application filed by M/s. MG Well Solutions Project International Private Limited for initiation of Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. Mr. Nimai Gautam Shah was appointed as the Interim Resolution Professional (IRP). The applicant made a public announcement and invited claims. The IRP constituted a CoC comprising of the sole operational creditor, M/s. Navrang Roadlines Private Limited. The IRP was confirmed as Resolution Professional (RP) of the corporate
…Mr. Nimai Gautam Shah, the Resolution Professional of M/s. Sintex Oil & Gas Limited, filed an application for liquidation of the Corporate Debtor under Sections 33 and 60(5) of the Insolvency and Bankruptcy Code, 2016. M/s. MG Well Solutions Project International Private Limited had previously filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against Sintex Oil & Gas Limited, which was admitted. Mr. Nimai Gautam Shah was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A CoC was formed, initially comprising M/s. Navrang Roadlines Private Limited and later re-constituted with BVM Finance Private Limited as the sole financial creditor. The CoC resolved not to
…The Adjudicating Authority admitted the…
The applicant made the…