State Bank of India filed an application (CP (IB) No. 387/KB/2017) against M/s Adhunik Alloys and Power Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority admitted the Corporate Debtor into Corporate Insolvency Resolution Process (CIRP) on 23.08.2017.
State Bank of India initiated CIRP against M/s Adhunik Alloys and Power Limited (Corporate Debtor) under Section 7 of IBC.
The Adjudicating Authority admitted the Corporate Debtor into CIRP on 23.08.2017.
A Resolution Plan submitted by Bhagwati Power and Steel Limited (SRA/Respondent No.2) was approved on 07.12.2018.
The Deputy Commissioner of Commercial Taxes and Ors. (Applicants) filed an application seeking documents related to CIRP.
The Applicants claimed they were not issued notices during CIRP and the CoC did not share documents.
The Applicants alleged that the RP committed criminal misconduct by downloading Form Cs without authorization.
The Resolution Professional and SRA argued that the application is not maintainable and the documents sought are confidential.
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The Adjudicating Authority admitted the…
The Adjudicating Authority approved the…
State Bank of India filed an application (CP (IB) No. 387/KB/2017) against M/s Adhunik Alloys and Power Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority admitted the Corporate Debtor into Corporate Insolvency Resolution Process (CIRP) on 23.08.2017.
State Bank of India initiated CIRP against M/s Adhunik Alloys and Power Limited (Corporate Debtor) under Section 7 of IBC.
The Adjudicating Authority admitted the Corporate Debtor into CIRP on 23.08.2017.
A Resolution Plan submitted by Bhagwati Power and Steel Limited (SRA/Respondent No.2) was approved on 07.12.2018.
The Deputy Commissioner of Commercial Taxes and Ors. (Applicants) filed an application seeking documents related to CIRP.
The Applicants claimed they were not issued notices during CIRP and the CoC did not share documents.
The Applicants alleged that the RP committed criminal misconduct by downloading Form Cs without authorization.
The Resolution Professional and SRA argued that the application is not maintainable and the documents sought are confidential.
…The Adjudicating Authority admitted the…
The Adjudicating Authority approved the…