The case pertains to the submission of a Resolution Plan under Section 30(6) for approval under Section 31 of the Insolvency and Bankruptcy Code, 2016, regarding the corporate insolvency resolution process (CIRP) of M/s Wall Rock Infrahome Private Limited. The CIRP was initiated following an application by M/s Volga Estates Private Limited, a financial creditor, under Section 7 of the Code. The Company Petition (IB) 1551/(ND)/2019 was admitted on 17.12.2019, imposing a moratorium under Section 14 of the Code. Mr. Vijay Kumar Gupta was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). The RP took steps for the appointment of valuers and issued invitations for expression of interest (EOI). Several meetings of the
…M/s Volga Estates Private Limited, a financial creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s Wall Rock Infrahome Private Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The application was admitted on 17.12.2019, and a moratorium was imposed under Section 14. Mr. Vijay Kumar Gupta was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). The RP made a public announcement in newspapers and appointed valuers for land, building, plant, and machinery. The Committee of Creditors (CoC) was formed, and they appointed the IRP as the RP. The RP published an invitation for expression of interest (EOI) in Form G. The CoC approved the re-issuance of Form G and extension of
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Company Petition (IB) 1551/(ND)/2019 was…
Public announcement was…
The case pertains to the submission of a Resolution Plan under Section 30(6) for approval under Section 31 of the Insolvency and Bankruptcy Code, 2016, regarding the corporate insolvency resolution process (CIRP) of M/s Wall Rock Infrahome Private Limited. The CIRP was initiated following an application by M/s Volga Estates Private Limited, a financial creditor, under Section 7 of the Code. The Company Petition (IB) 1551/(ND)/2019 was admitted on 17.12.2019, imposing a moratorium under Section 14 of the Code. Mr. Vijay Kumar Gupta was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). The RP took steps for the appointment of valuers and issued invitations for expression of interest (EOI). Several meetings of the
…M/s Volga Estates Private Limited, a financial creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s Wall Rock Infrahome Private Limited under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The application was admitted on 17.12.2019, and a moratorium was imposed under Section 14. Mr. Vijay Kumar Gupta was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). The RP made a public announcement in newspapers and appointed valuers for land, building, plant, and machinery. The Committee of Creditors (CoC) was formed, and they appointed the IRP as the RP. The RP published an invitation for expression of interest (EOI) in Form G. The CoC approved the re-issuance of Form G and extension of
…Company Petition (IB) 1551/(ND)/2019 was…
Public announcement was…