The case involves an application under Section 33 and Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with applicable regulations. The application was filed by Mr. Subodh Kumar Agarwal, the Resolution Professional of J. Khetsidas Machine Tool Works Private Limited, the Corporate Debtor, for the initiation of liquidation process.
Small Industries Development Bank of India is the Financial Creditor.
J. Khetsidas Machine Tool Works Private Limited is the Corporate Debtor.
Mr. Subodh Kumar Agarwal is the Resolution Professional of J. Khetsidas Machine Tool Works Private Limited and filed the application.
The Adjudicating Authority initiated Corporate Insolvency Resolution Process (CIRP) against J. Khetsidas Machine Tool Works Private Limited vide order dated 31.01.2025.
The initial 180 days period for CIRP was expected to end on 29.07.2025 and was extended until 25.01.2026.
The Applicant issued a public notice inviting Expression of Interest (EOI) from Prospective Resolution Applicants (PRAs).
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The Adjudicating Authority initiated…
The initial 180 days…
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The case involves an application under Section 33 and Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with applicable regulations. The application was filed by Mr. Subodh Kumar Agarwal, the Resolution Professional of J. Khetsidas Machine Tool Works Private Limited, the Corporate Debtor, for the initiation of liquidation process.
Small Industries Development Bank of India is the Financial Creditor.
J. Khetsidas Machine Tool Works Private Limited is the Corporate Debtor.
Mr. Subodh Kumar Agarwal is the Resolution Professional of J. Khetsidas Machine Tool Works Private Limited and filed the application.
The Adjudicating Authority initiated Corporate Insolvency Resolution Process (CIRP) against J. Khetsidas Machine Tool Works Private Limited vide order dated 31.01.2025.
The initial 180 days period for CIRP was expected to end on 29.07.2025 and was extended until 25.01.2026.
The Applicant issued a public notice inviting Expression of Interest (EOI) from Prospective Resolution Applicants (PRAs).
…The Adjudicating Authority initiated…
The initial 180 days…
Sign in to view related legal provisions.