The case involves an Interlocutory Application filed by the Resolution Professional, Jayanti Lal Jain, under Section 33 of the Insolvency and Bankruptcy Code, 2016, for initiating the Liquidation Process against M/s C. Mahendra Exports Limited (Corporate Debtor). The CIRP was initiated on 04.10.2024.
An Interlocutory Application was filed by the Resolution Professional under Section 33 of the IBC for initiating Liquidation Process against M/s C. Mahendra Exports Limited.
The Corporate Insolvency Resolution Process (CIRP) was initiated on 04.10.2024.
The IRP/Applicant issued a Public Announcement dated 09.10.2024.
The first meeting of the Committee of Creditors was held on 06.11.2024.
The CoC voted with a 76.38% majority to appoint the erstwhile IRP as the erstwhile RP and approve his proposed fee.
The CoC voted with a 72.12% majority approval for liquidation.
Mr. Krishna Chamadia was appointed as Liquidator.
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Corporate Insolvency Resolution Process (CIRP)…
The IRP/Applicant issued a Public…
The case involves an Interlocutory Application filed by the Resolution Professional, Jayanti Lal Jain, under Section 33 of the Insolvency and Bankruptcy Code, 2016, for initiating the Liquidation Process against M/s C. Mahendra Exports Limited (Corporate Debtor). The CIRP was initiated on 04.10.2024.
An Interlocutory Application was filed by the Resolution Professional under Section 33 of the IBC for initiating Liquidation Process against M/s C. Mahendra Exports Limited.
The Corporate Insolvency Resolution Process (CIRP) was initiated on 04.10.2024.
The IRP/Applicant issued a Public Announcement dated 09.10.2024.
The first meeting of the Committee of Creditors was held on 06.11.2024.
The CoC voted with a 76.38% majority to appoint the erstwhile IRP as the erstwhile RP and approve his proposed fee.
The CoC voted with a 72.12% majority approval for liquidation.
Mr. Krishna Chamadia was appointed as Liquidator.
…Corporate Insolvency Resolution Process (CIRP)…
The IRP/Applicant issued a Public…