The application was filed by the Resolution Professional of GVK Transportation Private Limited under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, seeking initiation of liquidation.
The application is filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, for initiating liquidation.
The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor pursuant to the admission of an Application under Section 7 of IBC.
The CoC was constituted, and the applicant was confirmed as the resolution professional with a majority vote of 95.84%.
Two resolution plans were submitted by Tavasya SSF and MKS Constro Ventures Pvt. Ltd., but both failed to comply with the provisions of IBC.
The CoC resolved to initiate liquidation of the Corporate Debtor under Section 33(2) of IBC with 74.93% majority voting.
The CoC approved the appointment of Aegis Resolution Services Pvt. Ltd. as the Liquidator with 74.93% voting.
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CIRP was initiated against the Corporate…
The 1st CoC meeting was held, and the…
The application was filed by the Resolution Professional of GVK Transportation Private Limited under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, seeking initiation of liquidation.
The application is filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, for initiating liquidation.
The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor pursuant to the admission of an Application under Section 7 of IBC.
The CoC was constituted, and the applicant was confirmed as the resolution professional with a majority vote of 95.84%.
Two resolution plans were submitted by Tavasya SSF and MKS Constro Ventures Pvt. Ltd., but both failed to comply with the provisions of IBC.
The CoC resolved to initiate liquidation of the Corporate Debtor under Section 33(2) of IBC with 74.93% majority voting.
The CoC approved the appointment of Aegis Resolution Services Pvt. Ltd. as the Liquidator with 74.93% voting.
…CIRP was initiated against the Corporate…
The 1st CoC meeting was held, and the…