The Corporate Insolvency Resolution Process (CIRP) was initiated against Siddhi Vinayak Polymers Private Limited on 25.10.2018. An Interim Resolution Professional (IRP) was appointed and subsequently replaced, a decision approved by the Adjudicating Authority on 03.01.2019. Due to the absence of a resolution plan within the stipulated period, the Committee of Creditors (CoC) resolved to liquidate the Corporate Debtor on 14.10.2022. A liquidation order was issued on 31.10.2023, and Ms. Garima Diggiwal was appointed as the Liquidator. A public announcement for claims was made on 02.11.2023, receiving claims from SIDBI and EPFO. The Liquidator formed a Stakeholders Consultation Committee and submitted all required reports. The Corporate Debtor's assets were e-auctioned,
…M/S Natroyal Industries Private Limited filed a petition against Siddhi Vinayak Polymers Private Limited.
The Corporate Insolvency Resolution Process (CIRP) against Siddhi Vinayak Polymers Private Limited was initiated on October 25, 2018.
An Interim Resolution Professional (IRP) was appointed and subsequently replaced, with the replacement approved on January 3, 2019.
No Resolution Plan was received within the prescribed period.
The Committee of Creditors (CoC), in its 6th meeting on October 14, 2022, passed a resolution to liquidate the Corporate Debtor.
Liquidation was ordered on October 31, 2023, and Ms. Garima Diggiwal was appointed as the Liquidator.
A public announcement for claims was made on November 2, 2023, and claims were received from SIDBI and EPFO.
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Corporate Insolvency Resolution Process (CIRP)…
The replacement of the IRP in the first…
Sign in to view related legal provisions.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Siddhi Vinayak Polymers Private Limited on 25.10.2018. An Interim Resolution Professional (IRP) was appointed and subsequently replaced, a decision approved by the Adjudicating Authority on 03.01.2019. Due to the absence of a resolution plan within the stipulated period, the Committee of Creditors (CoC) resolved to liquidate the Corporate Debtor on 14.10.2022. A liquidation order was issued on 31.10.2023, and Ms. Garima Diggiwal was appointed as the Liquidator. A public announcement for claims was made on 02.11.2023, receiving claims from SIDBI and EPFO. The Liquidator formed a Stakeholders Consultation Committee and submitted all required reports. The Corporate Debtor's assets were e-auctioned,
…M/S Natroyal Industries Private Limited filed a petition against Siddhi Vinayak Polymers Private Limited.
The Corporate Insolvency Resolution Process (CIRP) against Siddhi Vinayak Polymers Private Limited was initiated on October 25, 2018.
An Interim Resolution Professional (IRP) was appointed and subsequently replaced, with the replacement approved on January 3, 2019.
No Resolution Plan was received within the prescribed period.
The Committee of Creditors (CoC), in its 6th meeting on October 14, 2022, passed a resolution to liquidate the Corporate Debtor.
Liquidation was ordered on October 31, 2023, and Ms. Garima Diggiwal was appointed as the Liquidator.
A public announcement for claims was made on November 2, 2023, and claims were received from SIDBI and EPFO.
…Corporate Insolvency Resolution Process (CIRP)…
The replacement of the IRP in the first…
Sign in to view related legal provisions.