The Interlocutory Application (I.A.) (I.B.C) (Plan) No. 33/MB/2025 was filed by S. Gopalakrishnan, the Resolution Professional, on behalf of the Committee of Creditors (CoC) of Daulat Agro (India) Private Limited, seeking approval of the Resolution Plan under Section 30(6) read with Section 31 of the Insolvency and Bankruptcy Code, 2016.
The initial statutory CIRP period was set to expire on 13.08.2024, but the CoC resolved to seek an extension, which was granted until 11.11.2024.
A public announcement in Form A was published on 18.02.2024, inviting claims under Section 15 of the Code.
The Applicant received one claim from a Financial Creditor amounting to Rs.99,58,15,059.86/- and four claims from Operational Creditors totaling to Rs.4,95,10,536/-.
The Committee of Creditors (CoC) was constituted with Canara Bank as the sole Financial Creditor.
The Resolution Plan submitted by M/s. Amrit Fresh Private Limited was approved by the CoC with 100% voting share in its 22nd meeting held on 15.01.2025.
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A public announcement in Form A was published…
This Tribunal, vide its order dated 15.02.2024…
The Interlocutory Application (I.A.) (I.B.C) (Plan) No. 33/MB/2025 was filed by S. Gopalakrishnan, the Resolution Professional, on behalf of the Committee of Creditors (CoC) of Daulat Agro (India) Private Limited, seeking approval of the Resolution Plan under Section 30(6) read with Section 31 of the Insolvency and Bankruptcy Code, 2016.
The initial statutory CIRP period was set to expire on 13.08.2024, but the CoC resolved to seek an extension, which was granted until 11.11.2024.
A public announcement in Form A was published on 18.02.2024, inviting claims under Section 15 of the Code.
The Applicant received one claim from a Financial Creditor amounting to Rs.99,58,15,059.86/- and four claims from Operational Creditors totaling to Rs.4,95,10,536/-.
The Committee of Creditors (CoC) was constituted with Canara Bank as the sole Financial Creditor.
The Resolution Plan submitted by M/s. Amrit Fresh Private Limited was approved by the CoC with 100% voting share in its 22nd meeting held on 15.01.2025.
…A public announcement in Form A was published…
This Tribunal, vide its order dated 15.02.2024…