The Corporate Debtor (CD), Bharat Waterfront Private Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) by an order of the Tribunal on 04.10.2023. The Applicant was appointed as the Interim Resolution Professional (IRP) and later continued as Resolution Professional (RP).
The Corporate Debtor was admitted into CIRP on 04.10.2023.
The Applicant was appointed as IRP and later continued as RP.
The CoC was constituted after verification of claims.
Form-G was issued twice, inviting EoI, but there was no response.
VARKS Engineers Private Limited submitted a Resolution Plan with an offer of Rs 2.0 crores.
The CoC found neither of the Resolution Plans satisfactory.
The Applicant filed IAs seeking avoidance of PUFE transactions.
The CoC resolved with 100% vote share to recommend the CD into liquidation.
Mr Golla Ramakantha Rao was appointed as Liquidator.
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The Corporate Debtor…
The IRP issued a public…
The Corporate Debtor (CD), Bharat Waterfront Private Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) by an order of the Tribunal on 04.10.2023. The Applicant was appointed as the Interim Resolution Professional (IRP) and later continued as Resolution Professional (RP).
The Corporate Debtor was admitted into CIRP on 04.10.2023.
The Applicant was appointed as IRP and later continued as RP.
The CoC was constituted after verification of claims.
Form-G was issued twice, inviting EoI, but there was no response.
VARKS Engineers Private Limited submitted a Resolution Plan with an offer of Rs 2.0 crores.
The CoC found neither of the Resolution Plans satisfactory.
The Applicant filed IAs seeking avoidance of PUFE transactions.
The CoC resolved with 100% vote share to recommend the CD into liquidation.
Mr Golla Ramakantha Rao was appointed as Liquidator.
The Corporate Debtor…
The IRP issued a public…