State Bank of India filed an application to replace the Resolution Professional (RP) Mr. Hemchandra in CP(IB)No.08 of 2021, citing his personal medical issues. The CP was admitted, and Mr. Hemchandra was initially appointed as RP to conduct the CIRP process against the Corporate Debtor.
State Bank of India, the Financial Creditor, filed CP(IB)No.08 of 2021 under Section 95(1) of the IBC, 2016. The application sought to replace the existing RP, Mr. Hemchandra, due to his personal medical issues. Mr. Hemchandra was initially appointed as RP following the admission of the CP. The court considered the application and the reasons provided, including the written consent of the proposed new RP, Mr. Ravindra Beleyur. The Corporate Debtor is implied as the subject of the CIRP process, but not explicitly named.
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CP(IB)No.08 of 2021 was…
The CP was admitted,…
State Bank of India filed an application to replace the Resolution Professional (RP) Mr. Hemchandra in CP(IB)No.08 of 2021, citing his personal medical issues. The CP was admitted, and Mr. Hemchandra was initially appointed as RP to conduct the CIRP process against the Corporate Debtor.
State Bank of India, the Financial Creditor, filed CP(IB)No.08 of 2021 under Section 95(1) of the IBC, 2016. The application sought to replace the existing RP, Mr. Hemchandra, due to his personal medical issues. Mr. Hemchandra was initially appointed as RP following the admission of the CP. The court considered the application and the reasons provided, including the written consent of the proposed new RP, Mr. Ravindra Beleyur. The Corporate Debtor is implied as the subject of the CIRP process, but not explicitly named.
CP(IB)No.08 of 2021 was…
The CP was admitted,…