The case involves an application (I.A./6335/ND/2022) filed by the Resolution Professional (RP) of Superkisan E-Commerce Private Limited, seeking liquidation of the company under Section 33 of the Insolvency and Bankruptcy Code (IBC), 2016. The Corporate Insolvency Resolution Process (CIRP) against Superkisan E-Commerce Private Limited was initiated on 23.07.2021. The RP was confirmed by the Committee of Creditors (CoC) on 08.09.2021. The original applicant, Umbrella Infocare Private Limited, had not filed its claim in the CIRP. An application was filed against the directors of the Corporate Debtor for lack of cooperation. The CoC decided to liquidate the Corporate Debtor due to the absence of a resolution plan and the lack of substantial assets. The CoC voted in favor
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Superkisan E-Commerce Private Limited on 23.07.2021. The Interim Resolution Professional (IRP) made a public announcement on 28.07.2021. The Committee of Creditors (CoC) confirmed the IRP as the Resolution Professional (RP) on 08.09.2021. The original applicant, Umbrella Infocare Private Limited, did not file its claim in the CIRP. The RP filed an application against the directors of the Corporate Debtor for lack of cooperation, which was addressed by the Adjudicating Authority on 30.05.2022. The RP also filed an application seeking exclusion of a period from the CIRP, which was allowed on 29.09.2022. The RP updated the list of creditors on 15.07.2022. The CoC members were informed that the
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Corporate Insolvency Resolution Process against…
Interim Resolution…
The case involves an application (I.A./6335/ND/2022) filed by the Resolution Professional (RP) of Superkisan E-Commerce Private Limited, seeking liquidation of the company under Section 33 of the Insolvency and Bankruptcy Code (IBC), 2016. The Corporate Insolvency Resolution Process (CIRP) against Superkisan E-Commerce Private Limited was initiated on 23.07.2021. The RP was confirmed by the Committee of Creditors (CoC) on 08.09.2021. The original applicant, Umbrella Infocare Private Limited, had not filed its claim in the CIRP. An application was filed against the directors of the Corporate Debtor for lack of cooperation. The CoC decided to liquidate the Corporate Debtor due to the absence of a resolution plan and the lack of substantial assets. The CoC voted in favor
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Superkisan E-Commerce Private Limited on 23.07.2021. The Interim Resolution Professional (IRP) made a public announcement on 28.07.2021. The Committee of Creditors (CoC) confirmed the IRP as the Resolution Professional (RP) on 08.09.2021. The original applicant, Umbrella Infocare Private Limited, did not file its claim in the CIRP. The RP filed an application against the directors of the Corporate Debtor for lack of cooperation, which was addressed by the Adjudicating Authority on 30.05.2022. The RP also filed an application seeking exclusion of a period from the CIRP, which was allowed on 29.09.2022. The RP updated the list of creditors on 15.07.2022. The CoC members were informed that the
…Corporate Insolvency Resolution Process against…
Interim Resolution…