The Corporate Insolvency Resolution Process (CIRP) was initiated against Bhanu Cosmetics Packaging Private Limited (Corporate Debtor) based on an application filed by Gujarat Metal Rolling Mills (Operational Creditor). Ms. Neha Jain Nemani, the Resolution Professional (RP) of the Corporate Debtor, subsequently filed an application seeking the liquidation of the Corporate Debtor under Section 33 of the Insolvency and Bankruptcy Code, 2016, citing the failure to receive any viable resolution plan.
The Corporate Insolvency Resolution Process (CIRP) of Bhanu Cosmetics Packaging Private Limited was initiated by the Tribunal vide order dated 08.05.2025 in C.P (IB) No. 4171 of 2019 under Section 9 of the Code, filed by Gujrat Metal Rolling Mills ('Operational Creditor').
Mr. Girish Prabhakar Muley was appointed as the Interim Resolution Professional (IRP) of the Corporate Debtor.
The order of admission was received by the IRP on 11.06.2025, and a Public Announcement in Form A was made on 13.06.2025, inviting claims from creditors.
Punjab National Bank ('PNB') is the sole financial creditor, holding 100% voting share in the Committee of Creditors (CoC).
…Sign in to view the parties.
Corporate Insolvency Resolution Process…
The order of admission…
The Corporate Insolvency Resolution Process (CIRP) was initiated against Bhanu Cosmetics Packaging Private Limited (Corporate Debtor) based on an application filed by Gujarat Metal Rolling Mills (Operational Creditor). Ms. Neha Jain Nemani, the Resolution Professional (RP) of the Corporate Debtor, subsequently filed an application seeking the liquidation of the Corporate Debtor under Section 33 of the Insolvency and Bankruptcy Code, 2016, citing the failure to receive any viable resolution plan.
The Corporate Insolvency Resolution Process (CIRP) of Bhanu Cosmetics Packaging Private Limited was initiated by the Tribunal vide order dated 08.05.2025 in C.P (IB) No. 4171 of 2019 under Section 9 of the Code, filed by Gujrat Metal Rolling Mills ('Operational Creditor').
Mr. Girish Prabhakar Muley was appointed as the Interim Resolution Professional (IRP) of the Corporate Debtor.
The order of admission was received by the IRP on 11.06.2025, and a Public Announcement in Form A was made on 13.06.2025, inviting claims from creditors.
Punjab National Bank ('PNB') is the sole financial creditor, holding 100% voting share in the Committee of Creditors (CoC).
…Corporate Insolvency Resolution Process…
The order of admission…