The Corporate Insolvency Resolution Process (CIRP) was initiated against Welkin IT Services Private Limited. Due to the non-availability of required data and the absence of a resolution plan, the Resolution Professional filed an application for the liquidation of the Corporate Debtor.
M/s Adecco India Private Limited, an operational creditor, filed a Company Petition (IB) No. 1285/IBC/MB/2021 under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on July 14, 2022, initiating the Corporate Insolvency Resolution Process (CIRP) against Welkin IT Services Private Limited, the Corporate Debtor. Mr. Rajendra K. Joshi was appointed as the Interim Resolution Professional (IRP). A Public Announcement in Form A was made by the IRP on July 21, 2022, to invite claims from creditors. Subsequently, a Committee of Creditors (COC) was formed, and its first meeting was held on August 16, 2022. During the second COC meeting on September 14, 2022, creditors voted to continue Mr. Rajendra K. Joshi as the Resolution Professional (RP) and
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Company Petition (IB) No. 1285/IBC/MB/2021…
IRP made a Public…
The Corporate Insolvency Resolution Process (CIRP) was initiated against Welkin IT Services Private Limited. Due to the non-availability of required data and the absence of a resolution plan, the Resolution Professional filed an application for the liquidation of the Corporate Debtor.
M/s Adecco India Private Limited, an operational creditor, filed a Company Petition (IB) No. 1285/IBC/MB/2021 under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on July 14, 2022, initiating the Corporate Insolvency Resolution Process (CIRP) against Welkin IT Services Private Limited, the Corporate Debtor. Mr. Rajendra K. Joshi was appointed as the Interim Resolution Professional (IRP). A Public Announcement in Form A was made by the IRP on July 21, 2022, to invite claims from creditors. Subsequently, a Committee of Creditors (COC) was formed, and its first meeting was held on August 16, 2022. During the second COC meeting on September 14, 2022, creditors voted to continue Mr. Rajendra K. Joshi as the Resolution Professional (RP) and
…Company Petition (IB) No. 1285/IBC/MB/2021…
IRP made a Public…