The case involves an Interlocutory Application filed by Mr. Snehal Kamdar, the Resolution Professional, under Section 33 of the Insolvency and Bankruptcy Code, 2016, seeking liquidation of Vyva Apparels (India) Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition filed by the Financial Creditor, Omkara Assets Reconstruction Private Limited, under Section 7 of the IBC, 2016. Mr. Kamdar was initially appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP).
On 17.02.2023, the Tribunal admitted a Company Petition filed by Omkara Assets Reconstruction Private Limited, the Financial Creditor, under Section 7 of the IBC, 2016, initiating the Corporate Insolvency Resolution Process (CIRP) for Vyva Apparels (India) Private Limited, the Corporate Debtor. Snehal Kamdar was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). A public announcement was issued on 23.02.2023, inviting claims from creditors, leading to the formation of the Committee of Creditors (CoC). The first CoC meeting occurred on 23.03.2023. In the second CoC meeting on 19.04.2023, it was decided to publish Form G to invite Expression of Interest from prospective resolution applicants and to appoint registered
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Tribunal ordered initiation of Corporate…
Public announcement…
The case involves an Interlocutory Application filed by Mr. Snehal Kamdar, the Resolution Professional, under Section 33 of the Insolvency and Bankruptcy Code, 2016, seeking liquidation of Vyva Apparels (India) Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initiated following a petition filed by the Financial Creditor, Omkara Assets Reconstruction Private Limited, under Section 7 of the IBC, 2016. Mr. Kamdar was initially appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP).
On 17.02.2023, the Tribunal admitted a Company Petition filed by Omkara Assets Reconstruction Private Limited, the Financial Creditor, under Section 7 of the IBC, 2016, initiating the Corporate Insolvency Resolution Process (CIRP) for Vyva Apparels (India) Private Limited, the Corporate Debtor. Snehal Kamdar was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). A public announcement was issued on 23.02.2023, inviting claims from creditors, leading to the formation of the Committee of Creditors (CoC). The first CoC meeting occurred on 23.03.2023. In the second CoC meeting on 19.04.2023, it was decided to publish Form G to invite Expression of Interest from prospective resolution applicants and to appoint registered
…Tribunal ordered initiation of Corporate…
Public announcement…