The case involves an application for the initiation of liquidation proceedings against Jaatvedas Construction Company Private Limited, the Corporate Debtor, filed by the Resolution Professional, Mr. Kailash T. Shah.
Mr. Kailash T. Shah, the Resolution Professional (RP) of Jaatvedas Construction Company Private Limited, filed the application for liquidation.
The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 16.09.2022.
Ultratech Cement Limited filed the application under Section 9 of the Code as an Operational Creditor.
The CoC approved the liquidation of the Corporate Debtor with a majority of 53.99%.
The Resolution Plan submitted by Hi-Tech Sweet Water Technologies Pvt. Ltd was rejected by the CoC.
The CoC approved the refund of the Earnest Money Deposit (EMD) to the SRA.
Incorp Restructuring Services LLP was appointed as the Liquidator of the Corporate Debtor.
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The Corporate Debtor…
The erstwhile IRP made…
The case involves an application for the initiation of liquidation proceedings against Jaatvedas Construction Company Private Limited, the Corporate Debtor, filed by the Resolution Professional, Mr. Kailash T. Shah.
Mr. Kailash T. Shah, the Resolution Professional (RP) of Jaatvedas Construction Company Private Limited, filed the application for liquidation.
The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) vide order dated 16.09.2022.
Ultratech Cement Limited filed the application under Section 9 of the Code as an Operational Creditor.
The CoC approved the liquidation of the Corporate Debtor with a majority of 53.99%.
The Resolution Plan submitted by Hi-Tech Sweet Water Technologies Pvt. Ltd was rejected by the CoC.
The CoC approved the refund of the Earnest Money Deposit (EMD) to the SRA.
Incorp Restructuring Services LLP was appointed as the Liquidator of the Corporate Debtor.
The Corporate Debtor…
The erstwhile IRP made…