This I.A. is filed by the Resolution Professional of Vijay Group Realty LLP under Section 30(6) read with Section 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by Shree Naman Developers Private Limited.
The Corporate Debtor is Vijay Group Realty LLP.
The Resolution Professional is Mr. Anshul Gupta.
The Resolution Plan was submitted by Shree Naman Developers Private Limited.
The CoC approved the Resolution Plan with 68.75% voting share.
The CIRP was initiated on 04.08.2021.
Anish Gupta was appointed as the Interim Resolution Professional (IRP).
JM Financial Asset Reconstruction Company Limited is the sole secured Financial Creditor.
The Resolution Plan has been filed in 1402 days after the commencement of CIRP.
The proposed plan value inclusive of CIRP cost is Rs. 22 crores which is 129% of the Liquidation value (which is Rs.17.03 crore).
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The Corporate Debtor…
Anish Gupta was…
This I.A. is filed by the Resolution Professional of Vijay Group Realty LLP under Section 30(6) read with Section 31 of the Insolvency and Bankruptcy Code, 2016, seeking approval of the Resolution Plan submitted by Shree Naman Developers Private Limited.
The Corporate Debtor is Vijay Group Realty LLP.
The Resolution Professional is Mr. Anshul Gupta.
The Resolution Plan was submitted by Shree Naman Developers Private Limited.
The CoC approved the Resolution Plan with 68.75% voting share.
The CIRP was initiated on 04.08.2021.
Anish Gupta was appointed as the Interim Resolution Professional (IRP).
JM Financial Asset Reconstruction Company Limited is the sole secured Financial Creditor.
The Resolution Plan has been filed in 1402 days after the commencement of CIRP.
The proposed plan value inclusive of CIRP cost is Rs. 22 crores which is 129% of the Liquidation value (which is Rs.17.03 crore).
The Corporate Debtor…
Anish Gupta was…