The case pertains to an application filed seeking an order for the liquidation of the Corporate Debtor, Viom Infra Ventures Pvt. Ltd., and the appointment of Mr. Jitendra Lohia as the liquidator. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor vide order dated 23.09.2021. Mr. Jitender Lohia was appointed as Interim Resolution Professional (IRP). Despite several attempts to find a viable resolution plan, including extending the CIRP period and inviting expressions of interest, no feasible plan was received. The Committee of Creditors (CoC) ultimately recommended liquidation with 100% voting.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Viom Infra Ventures Pvt. Ltd. on 23.09.2021. Mr. Jitender Lohia was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). The RP made public announcements and constituted a Committee of Creditors (CoC) on 26.10.2021. The first CoC meeting was held on 01.11.2021. An invitation for Expression of Interest (EoI) was issued on 11.12.2021, with a deadline of 27.12.2021. Eleven prospective bidders showed interest, but only four submitted their EoIs within the deadline. Another Form G was issued on 03.01.2022, to encourage more participation. A provisional list of prospective resolution applicants was issued on 20.01.2022. Thirteen CoC meetings
…Sign in to view the parties.
Corporate Insolvency…
Committee of C…
The case pertains to an application filed seeking an order for the liquidation of the Corporate Debtor, Viom Infra Ventures Pvt. Ltd., and the appointment of Mr. Jitendra Lohia as the liquidator. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor vide order dated 23.09.2021. Mr. Jitender Lohia was appointed as Interim Resolution Professional (IRP). Despite several attempts to find a viable resolution plan, including extending the CIRP period and inviting expressions of interest, no feasible plan was received. The Committee of Creditors (CoC) ultimately recommended liquidation with 100% voting.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Viom Infra Ventures Pvt. Ltd. on 23.09.2021. Mr. Jitender Lohia was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). The RP made public announcements and constituted a Committee of Creditors (CoC) on 26.10.2021. The first CoC meeting was held on 01.11.2021. An invitation for Expression of Interest (EoI) was issued on 11.12.2021, with a deadline of 27.12.2021. Eleven prospective bidders showed interest, but only four submitted their EoIs within the deadline. Another Form G was issued on 03.01.2022, to encourage more participation. A provisional list of prospective resolution applicants was issued on 20.01.2022. Thirteen CoC meetings
…Corporate Insolvency…
Committee of C…