The Corporate Debtor (CD), Pioneer Gas Power Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) by the Tribunal on 12.01.2024. The Applicant was appointed as the Interim Resolution Professional (IRP).
The Corporate Debtor was admitted into CIRP on 12.01.2024.
The Interim Resolution Professional (IRP) issued a public announcement inviting claims from creditors.
The Committee of Creditors (CoC) was constituted on 10.02.2024.
The CoC confirmed the Applicant as the Resolution Professional on 21.03.2024.
Claims of Financial Creditors amounting to Rs 4137,27,56,765 were admitted.
The CIRP period was extended up to 24.09.2025.
Form-G was published on 01.04.2024, inviting Expression of Interests (Eols).
None of the Resolution Plans received the minimum required voting share of 66% for approval.
The CoC proposed M/s Aegis Resolution Services Pvt Ltd as the Liquidator.
The total estimated cost of liquidation has been determined at Rs 4,01,33,770.
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The Corporate Debtor…
The Committ…
The Corporate Debtor (CD), Pioneer Gas Power Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) by the Tribunal on 12.01.2024. The Applicant was appointed as the Interim Resolution Professional (IRP).
The Corporate Debtor was admitted into CIRP on 12.01.2024.
The Interim Resolution Professional (IRP) issued a public announcement inviting claims from creditors.
The Committee of Creditors (CoC) was constituted on 10.02.2024.
The CoC confirmed the Applicant as the Resolution Professional on 21.03.2024.
Claims of Financial Creditors amounting to Rs 4137,27,56,765 were admitted.
The CIRP period was extended up to 24.09.2025.
Form-G was published on 01.04.2024, inviting Expression of Interests (Eols).
None of the Resolution Plans received the minimum required voting share of 66% for approval.
The CoC proposed M/s Aegis Resolution Services Pvt Ltd as the Liquidator.
The total estimated cost of liquidation has been determined at Rs 4,01,33,770.
The Corporate Debtor…
The Committ…