The case pertains to an application filed by the Resolution Professional of M/s. Agarwal Reality Developers Private Limited (Corporate Debtor) under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 (IBC Code) seeking to liquidate the Corporate Debtor.
The Resolution Professional of M/s. Agarwal Reality Developers Private Limited filed an application under Section 33(2) of the IBC seeking liquidation of the Corporate Debtor.
The Tribunal appointed Mr. Golla Ramakanta Rao as Interim Resolution Professional (IRP) on 08.07.2024.
A public announcement was issued on 16.07.2024, and the Committee of Creditors (CoC) was constituted on 22.07.2024.
The CoC found the received Resolution Plan unsatisfactory and resolved to issue Form-G again.
The CoC rejected the Resolution Plans with 100% voting on 02.06.2025.
The CoC approved the liquidation of the Corporate Debtor with 93.21% vote share in their 13th meeting held on 04.06.2025.
…Sign in to view the parties.
Mr. Golla Ramakanta Rao…
A Public Annou…
The case pertains to an application filed by the Resolution Professional of M/s. Agarwal Reality Developers Private Limited (Corporate Debtor) under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 (IBC Code) seeking to liquidate the Corporate Debtor.
The Resolution Professional of M/s. Agarwal Reality Developers Private Limited filed an application under Section 33(2) of the IBC seeking liquidation of the Corporate Debtor.
The Tribunal appointed Mr. Golla Ramakanta Rao as Interim Resolution Professional (IRP) on 08.07.2024.
A public announcement was issued on 16.07.2024, and the Committee of Creditors (CoC) was constituted on 22.07.2024.
The CoC found the received Resolution Plan unsatisfactory and resolved to issue Form-G again.
The CoC rejected the Resolution Plans with 100% voting on 02.06.2025.
The CoC approved the liquidation of the Corporate Debtor with 93.21% vote share in their 13th meeting held on 04.06.2025.
…Mr. Golla Ramakanta Rao…
A Public Annou…