The Resolution Professional, Mr. Sanjay Shrivastava, filed an application seeking liquidation of Agron India Limited under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The CIRP was initiated on December 20, 2019. Despite efforts, no resolution plan was received, and the CoC decided to liquidate the Corporate Debtor.
CIRP was initiated against Agron India Limited on December 20, 2019.
Mr. Sanjay Shrivastava was appointed as the Interim Resolution Professional (IRP).
The IRP published Form A to announce the initiation of CIRP in newspapers.
A Committee of Creditors (CoC) was constituted.
Bank of Baroda was the sole financial creditor with 100% voting share.
The Suspended Board of Directors did not cooperate in providing information.
The CBI had seized documents of the Corporate Debtor for investigation.
The Applicant published Form G multiple times to invite resolution applicants, but no EOI was received.
The CoC decided to liquidate the Corporate Debtor.
The 6th CoC meeting dated 07.05.2021 decided to liquidate the Corporate Debtor with 100% voting.
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CIRP initiated…
CIRP order rec…
The Resolution Professional, Mr. Sanjay Shrivastava, filed an application seeking liquidation of Agron India Limited under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The CIRP was initiated on December 20, 2019. Despite efforts, no resolution plan was received, and the CoC decided to liquidate the Corporate Debtor.
CIRP was initiated against Agron India Limited on December 20, 2019.
Mr. Sanjay Shrivastava was appointed as the Interim Resolution Professional (IRP).
The IRP published Form A to announce the initiation of CIRP in newspapers.
A Committee of Creditors (CoC) was constituted.
Bank of Baroda was the sole financial creditor with 100% voting share.
The Suspended Board of Directors did not cooperate in providing information.
The CBI had seized documents of the Corporate Debtor for investigation.
The Applicant published Form G multiple times to invite resolution applicants, but no EOI was received.
The CoC decided to liquidate the Corporate Debtor.
The 6th CoC meeting dated 07.05.2021 decided to liquidate the Corporate Debtor with 100% voting.
CIRP initiated…
CIRP order rec…