The Interlocutory Application was filed by Mr. Dileep K. P, the Resolution Professional of M/s Tierra Food India Private Limited (Corporate Debtor), seeking approval of the Resolution Plan submitted by Sri. Alex Thomas, the Ex-Promoter of the Corporate Debtor. The CIRP was initiated under Section 10 of the Insolvency and Bankruptcy Code, 2016, and was admitted by the Tribunal on 08.02.2021. Dileep K.P was appointed as the Interim Resolution Professional. Public announcement was made, and the Committee of Creditors (CoC) was constituted. The CoC decided to appoint Dileep K.P as the Resolution Professional with 100% voting rights. Subsequent CoC meetings were convened to discuss various issues, including the Information Memorandum, appointment of valuer and auditor,
…The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s Tierra Food India Private Limited based on an application under Section 10 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on 08.02.2021, and Shri. Dileep.K.P was appointed as the Interim Resolution Professional. A public announcement was made to notify the commencement of CIRP, and a Committee of Creditors (CoC) was constituted. The CoC appointed Shri. Dileep.K.P as the Resolution Professional with 100% voting rights. The Resolution Professional convened several CoC meetings to discuss various issues, including the Information Memorandum, appointment of valuer and auditor, resolution costs, and approval of the Resolution Plan. A transaction audit was conducted, and
…Sign in to view the parties.
The application for Corporate Insolvency…
The Committee of Creditors in its first meeting…
The Interlocutory Application was filed by Mr. Dileep K. P, the Resolution Professional of M/s Tierra Food India Private Limited (Corporate Debtor), seeking approval of the Resolution Plan submitted by Sri. Alex Thomas, the Ex-Promoter of the Corporate Debtor. The CIRP was initiated under Section 10 of the Insolvency and Bankruptcy Code, 2016, and was admitted by the Tribunal on 08.02.2021. Dileep K.P was appointed as the Interim Resolution Professional. Public announcement was made, and the Committee of Creditors (CoC) was constituted. The CoC decided to appoint Dileep K.P as the Resolution Professional with 100% voting rights. Subsequent CoC meetings were convened to discuss various issues, including the Information Memorandum, appointment of valuer and auditor,
…The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s Tierra Food India Private Limited based on an application under Section 10 of the Insolvency and Bankruptcy Code, 2016. The application was admitted on 08.02.2021, and Shri. Dileep.K.P was appointed as the Interim Resolution Professional. A public announcement was made to notify the commencement of CIRP, and a Committee of Creditors (CoC) was constituted. The CoC appointed Shri. Dileep.K.P as the Resolution Professional with 100% voting rights. The Resolution Professional convened several CoC meetings to discuss various issues, including the Information Memorandum, appointment of valuer and auditor, resolution costs, and approval of the Resolution Plan. A transaction audit was conducted, and
…The application for Corporate Insolvency…
The Committee of Creditors in its first meeting…