The Company Petition bearing C.P. (IB) No. 120/BB/2024 was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by Silbhadar Vyappar Private Limited to initiate Corporate Insolvency Resolution Process (CIRP) against Kordash Handlers and Logistics Private Limited. The CIRP was admitted on 06.11.2024, and Mr. Nitin Daga was appointed as Interim Resolution Professional (IRP).
Silbhadar Vyappar Private Limited filed C.P. (IB) No. 120/BB/2024 under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Kordash Handlers and Logistics Private Limited.
The CIRP was admitted on 06.11.2024.
Mr. Nitin Daga was appointed as Interim Resolution Professional (IRP).
The Committee of Creditors (CoC) was constituted on 28.11.2024.
Nine CoC meetings were conducted during the CIRP.
Two invitations for Expressions of Interest (EOI) were issued, but no resolution plans were received.
The CoC unanimously resolved to liquidate the Corporate Debtor under Section 33(1) of the Code on 25.07.2025.
Mrs. Rashmi Chhawchharia was approved as Liquidator by the CoC.
The estimated liquidation cost for six months was ₹37,30,700.
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The Company Petition bearing C.P. (IB) No. 120/BB/2024 was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by Silbhadar Vyappar Private Limited to initiate Corporate Insolvency Resolution Process (CIRP) against Kordash Handlers and Logistics Private Limited. The CIRP was admitted on 06.11.2024, and Mr. Nitin Daga was appointed as Interim Resolution Professional (IRP).
Silbhadar Vyappar Private Limited filed C.P. (IB) No. 120/BB/2024 under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Kordash Handlers and Logistics Private Limited.
The CIRP was admitted on 06.11.2024.
Mr. Nitin Daga was appointed as Interim Resolution Professional (IRP).
The Committee of Creditors (CoC) was constituted on 28.11.2024.
Nine CoC meetings were conducted during the CIRP.
Two invitations for Expressions of Interest (EOI) were issued, but no resolution plans were received.
The CoC unanimously resolved to liquidate the Corporate Debtor under Section 33(1) of the Code on 25.07.2025.
Mrs. Rashmi Chhawchharia was approved as Liquidator by the CoC.
The estimated liquidation cost for six months was ₹37,30,700.
…The Corporate Insolvency Resolution Process…
The Committ…
Sign in to view related legal provisions.