The case pertains to an application filed under Section 30 and 31 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 39 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Person) 2016 as amended, for the approval of a resolution plan for Orbit Financial Consultants Private Limited.
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Orbit Financial Consultants Private Limited based on an application under Section 10 of the Insolvency and Bankruptcy Code, 2016.
The application was admitted on July 19, 2023, and Mr. Pankaj Kumar Kedia was appointed as the Interim Resolution Professional (IRP), later confirmed as the Resolution Professional.
The IRP made a public announcement on July 21, 2023, in Business Standard and Ekdin newspapers, inviting claims from financial and operational creditors.
The Committee of Creditors (CoC) was constituted on August 11, 2023, with Himalaya Gupta (Prop: Himalaya Gupta & Co.) as the sole member.
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Application under…
Public announcement…
The case pertains to an application filed under Section 30 and 31 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 39 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Person) 2016 as amended, for the approval of a resolution plan for Orbit Financial Consultants Private Limited.
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Orbit Financial Consultants Private Limited based on an application under Section 10 of the Insolvency and Bankruptcy Code, 2016.
The application was admitted on July 19, 2023, and Mr. Pankaj Kumar Kedia was appointed as the Interim Resolution Professional (IRP), later confirmed as the Resolution Professional.
The IRP made a public announcement on July 21, 2023, in Business Standard and Ekdin newspapers, inviting claims from financial and operational creditors.
The Committee of Creditors (CoC) was constituted on August 11, 2023, with Himalaya Gupta (Prop: Himalaya Gupta & Co.) as the sole member.
…Application under…
Public announcement…