The Corporate Debtor, M/s. Baron Infotech Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) on 10.05.2024. An Interim Resolution Professional (IRP) was appointed, who subsequently issued a public announcement inviting claims from creditors. A Committee of Creditors (CoC) was constituted with M/s. Avantine Software Private Limited as the sole member, holding a 100% voting share. After several extensions and a previous resolution plan dismissal, a new Resolution Professional (RP) was appointed, and fresh Expressions of Interest (EoI) were invited, leading to the submission of multiple resolution plans.
The Corporate Debtor (M/s. Baron Infotech Limited) was admitted into Corporate Insolvency Resolution Process (CIRP) by the Tribunal vide Order dated 10.05.2024.
Mr Haridasu Sambasiva Rao was appointed as the Interim Resolution Professional (IRP).
The IRP issued a Public Announcement on 15.05.2024, inviting claims from the Creditors of the Corporate Debtor.
The Committee of Creditors (CoC) was constituted with M/s. Avantine Software Private Limited as the sole member, holding a 100% voting share.
The CoC passed a Resolution in its 1st meeting on 08.06.2024 for appointing Mr Bondalapati Srinivasa Rao as the Resolution Professional (RP), which was approved by the Tribunal on 08.01.2025.
…Sign in to view the parties.
The Corporate Debtor (M/s. Baron Infotech…
The IRP issued a Public Announcement inviting…
The Corporate Debtor, M/s. Baron Infotech Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) on 10.05.2024. An Interim Resolution Professional (IRP) was appointed, who subsequently issued a public announcement inviting claims from creditors. A Committee of Creditors (CoC) was constituted with M/s. Avantine Software Private Limited as the sole member, holding a 100% voting share. After several extensions and a previous resolution plan dismissal, a new Resolution Professional (RP) was appointed, and fresh Expressions of Interest (EoI) were invited, leading to the submission of multiple resolution plans.
The Corporate Debtor (M/s. Baron Infotech Limited) was admitted into Corporate Insolvency Resolution Process (CIRP) by the Tribunal vide Order dated 10.05.2024.
Mr Haridasu Sambasiva Rao was appointed as the Interim Resolution Professional (IRP).
The IRP issued a Public Announcement on 15.05.2024, inviting claims from the Creditors of the Corporate Debtor.
The Committee of Creditors (CoC) was constituted with M/s. Avantine Software Private Limited as the sole member, holding a 100% voting share.
The CoC passed a Resolution in its 1st meeting on 08.06.2024 for appointing Mr Bondalapati Srinivasa Rao as the Resolution Professional (RP), which was approved by the Tribunal on 08.01.2025.
…The Corporate Debtor (M/s. Baron Infotech…
The IRP issued a Public Announcement inviting…