The case involves multiple Interlocutory Applications (IAs) filed in an ongoing insolvency resolution process under the Insolvency and Bankruptcy Code (IBC), 2016. IA-5756/2020 seeks approval of the Resolution Plan filed by the Resolution Professional (RP). IA-3916/2022 concerns the filing of replies and rejoinders on the DMS (Document Management System). IA-1571/2021 seeks direction to the Financial Creditors (FC) to pay the Corporate Insolvency Resolution Process (CIRP) costs. IA-4425/2022 relates to a theft reported at the corporate debtor's factory premises.
M/s. A. C. Goel Paper Distributing Co. (P) Ltd. initiated insolvency proceedings against M/s. Webtech Packaging (India) Pvt. Ltd. under Section 9 of the IBC, 2016. Several IAs were filed during the CIRP. IA-5756/2020 seeks approval of the Resolution Plan. The SRA (Successful Resolution Applicant) has been found guilty of fraudulent transactions under Section 66 of the IBC. This order has been challenged before the NCLAT. IA-1571/2021 concerns the non-payment of CIRP costs by the FCs despite approval in CoC meetings. IA-4425/2022 relates to a theft at the corporate debtor's factory premises on 2022-07-02, where the RP has not yet filed a detailed report or ensured the lodging of an FIR.
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Order finding the SRA…
Theft reportedly took…
The case involves multiple Interlocutory Applications (IAs) filed in an ongoing insolvency resolution process under the Insolvency and Bankruptcy Code (IBC), 2016. IA-5756/2020 seeks approval of the Resolution Plan filed by the Resolution Professional (RP). IA-3916/2022 concerns the filing of replies and rejoinders on the DMS (Document Management System). IA-1571/2021 seeks direction to the Financial Creditors (FC) to pay the Corporate Insolvency Resolution Process (CIRP) costs. IA-4425/2022 relates to a theft reported at the corporate debtor's factory premises.
M/s. A. C. Goel Paper Distributing Co. (P) Ltd. initiated insolvency proceedings against M/s. Webtech Packaging (India) Pvt. Ltd. under Section 9 of the IBC, 2016. Several IAs were filed during the CIRP. IA-5756/2020 seeks approval of the Resolution Plan. The SRA (Successful Resolution Applicant) has been found guilty of fraudulent transactions under Section 66 of the IBC. This order has been challenged before the NCLAT. IA-1571/2021 concerns the non-payment of CIRP costs by the FCs despite approval in CoC meetings. IA-4425/2022 relates to a theft at the corporate debtor's factory premises on 2022-07-02, where the RP has not yet filed a detailed report or ensured the lodging of an FIR.
Order finding the SRA…
Theft reportedly took…