The case involves applications (IAs) filed in connection with the Corporate Insolvency Resolution Process (CIRP) of SREI Infrastructure Finance Limited (SIFL). The Administrator of SREI filed the IAs seeking enlargement of time for completion of the CIRP. The Committee of Creditors (CoC) resolved to seek an extension of time with 84.44% voting. Three financial bids have been received, and the final process involves negotiation and voting on the successful plan.
The Administrator of SREI Infrastructure Finance Limited (SIFL) filed IA(I.B.C)/1719(KB)2022 and IA(I.B.C)/1720(KB)2022 seeking an extension of time for the completion of the Corporate Insolvency Resolution Process (CIRP). IA(I.B.C)/1720(KB)2022 is connected to С.Р. (IB)/294(KB)2021, and IA(I.B.C)/1719(KB)2022 is connected to С.Р. (IB)/295(KB)2021. The Committee of Creditors (CoC) of SREI Infrastructure Finance Limited (SIFL) and SREI Equipment Finance Limited (SEFL) resolved to seek an extension of time with 84.44% voting. Three financial bids have been received, and the final process involves negotiation and voting on the successful plan. The original deadline for CIRP completion was approaching, necessitating the extension. The Administrator sought a 44-day
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IA(I.B.C)/1719(KB)2022…
Hearing on the…
The case involves applications (IAs) filed in connection with the Corporate Insolvency Resolution Process (CIRP) of SREI Infrastructure Finance Limited (SIFL). The Administrator of SREI filed the IAs seeking enlargement of time for completion of the CIRP. The Committee of Creditors (CoC) resolved to seek an extension of time with 84.44% voting. Three financial bids have been received, and the final process involves negotiation and voting on the successful plan.
The Administrator of SREI Infrastructure Finance Limited (SIFL) filed IA(I.B.C)/1719(KB)2022 and IA(I.B.C)/1720(KB)2022 seeking an extension of time for the completion of the Corporate Insolvency Resolution Process (CIRP). IA(I.B.C)/1720(KB)2022 is connected to С.Р. (IB)/294(KB)2021, and IA(I.B.C)/1719(KB)2022 is connected to С.Р. (IB)/295(KB)2021. The Committee of Creditors (CoC) of SREI Infrastructure Finance Limited (SIFL) and SREI Equipment Finance Limited (SEFL) resolved to seek an extension of time with 84.44% voting. Three financial bids have been received, and the final process involves negotiation and voting on the successful plan. The original deadline for CIRP completion was approaching, necessitating the extension. The Administrator sought a 44-day
…IA(I.B.C)/1719(KB)2022…
Hearing on the…