The case pertains to an application filed under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, for the approval of a resolution plan for the Corporate Debtor, Uttam Galva Steels Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following an application by State Bank of India, a Financial Creditor, under Section 7 of the Code. The application was admitted by the Tribunal on October 1, 2020, and Mr. Milind Kasodekar was appointed as the Interim Resolution Professional (IRP). The IRP published a public announcement and constituted the Committee of Creditors (CoC). The CoC approved the appointment of BSRR & Co. as the supporting Insolvency Professional Entity, Trilegal as the IRP/RP's legal advisor, RBSA Valuation Advisors LLP and
…State Bank of India, a Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Uttam Galva Steels Limited (Corporate Debtor). The application was admitted on October 1, 2020, and Mr. Milind Kasodekar was appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement inviting claims from creditors, with the last date for submission being October 20, 2020. The IRP constituted the Committee of Creditors (CoC). The CoC appointed various entities, including BSRR & Co. as the supporting Insolvency Professional Entity, Trilegal as the IRP/RP's legal advisor, RBSA Valuation Advisors LLP and RNC Valuecon Advisors LLP as independent
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Tribunal admitted the application for CIRP…
IRP receive…
The case pertains to an application filed under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, for the approval of a resolution plan for the Corporate Debtor, Uttam Galva Steels Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following an application by State Bank of India, a Financial Creditor, under Section 7 of the Code. The application was admitted by the Tribunal on October 1, 2020, and Mr. Milind Kasodekar was appointed as the Interim Resolution Professional (IRP). The IRP published a public announcement and constituted the Committee of Creditors (CoC). The CoC approved the appointment of BSRR & Co. as the supporting Insolvency Professional Entity, Trilegal as the IRP/RP's legal advisor, RBSA Valuation Advisors LLP and
…State Bank of India, a Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Uttam Galva Steels Limited (Corporate Debtor). The application was admitted on October 1, 2020, and Mr. Milind Kasodekar was appointed as the Interim Resolution Professional (IRP). The IRP made a public announcement inviting claims from creditors, with the last date for submission being October 20, 2020. The IRP constituted the Committee of Creditors (CoC). The CoC appointed various entities, including BSRR & Co. as the supporting Insolvency Professional Entity, Trilegal as the IRP/RP's legal advisor, RBSA Valuation Advisors LLP and RNC Valuecon Advisors LLP as independent
…Tribunal admitted the application for CIRP…
IRP receive…