The case pertains to an application filed by the Resolution Professional (RP) of the Corporate Debtor (CD), M/s Nandi Irrigation Systems Limited, under Section 30(6) of the Insolvency and Bankruptcy Code (IBC), seeking approval of the Resolution Plan under Section 31(1) of the Code. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) vide Order dated 18.09.2024.
The Corporate Debtor (CD), M/s Nandi Irrigation Systems Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) vide Order dated 18.09.2024.
The application was filed by M/s Rishabh Triexim LLP, the Operational Creditor, under Section 9 of IBC.
Mr. Maruti Venkata Subba Rao Poluri was appointed as Insolvency Resolution Professional (IRP).
The IRP made a public announcement on 20.09.2024 inviting claims from the creditors of CD.
The IRP constituted the CoC with Union Bank of India holding 100% voting share.
The CoC resolved to appoint the Applicant as Resolution Professional (RP).
The CoC resolved to appoint M/s G Joshi & Co as Registered Valuers.
The RP issued an Invitation for Expression of Interest (EoI) on 14.12.2024.
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The Corporate Debtor…
The IRP made a public…
The case pertains to an application filed by the Resolution Professional (RP) of the Corporate Debtor (CD), M/s Nandi Irrigation Systems Limited, under Section 30(6) of the Insolvency and Bankruptcy Code (IBC), seeking approval of the Resolution Plan under Section 31(1) of the Code. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) vide Order dated 18.09.2024.
The Corporate Debtor (CD), M/s Nandi Irrigation Systems Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) vide Order dated 18.09.2024.
The application was filed by M/s Rishabh Triexim LLP, the Operational Creditor, under Section 9 of IBC.
Mr. Maruti Venkata Subba Rao Poluri was appointed as Insolvency Resolution Professional (IRP).
The IRP made a public announcement on 20.09.2024 inviting claims from the creditors of CD.
The IRP constituted the CoC with Union Bank of India holding 100% voting share.
The CoC resolved to appoint the Applicant as Resolution Professional (RP).
The CoC resolved to appoint M/s G Joshi & Co as Registered Valuers.
The RP issued an Invitation for Expression of Interest (EoI) on 14.12.2024.
…The Corporate Debtor…
The IRP made a public…