The case also involves an Interlocutory Application filed by the Applicant/Resolution Professional of the Corporate Debtor against the Respondent/ Shivaji Nagari Sahakari Bank Limited u/s 19(2) of the Insolvency and Bankruptcy Code, 2016 seeking certain directions against the Respondent herein.
The Resolution Professional sought an extension of time for the CIRP of Nirmangold Plasttech Private Limited.
The 6th CoC meeting was held on 06.12.2024 & 09.12.2024.
The 8th CoC meeting was held on 24.02.2025.
The CoC received a resolution plan with an upward revision of INR 21 Lacs, but did not agree to it.
The CoC approved the extension of the CIRP by 60 days beyond 02.03.2025 with a 100% vote.
The CIRP period, including the extension, expired on 01.05.2025 without an approved resolution plan.
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6th CoC meetin…
6th CoC meetin…
The case also involves an Interlocutory Application filed by the Applicant/Resolution Professional of the Corporate Debtor against the Respondent/ Shivaji Nagari Sahakari Bank Limited u/s 19(2) of the Insolvency and Bankruptcy Code, 2016 seeking certain directions against the Respondent herein.
The Resolution Professional sought an extension of time for the CIRP of Nirmangold Plasttech Private Limited.
The 6th CoC meeting was held on 06.12.2024 & 09.12.2024.
The 8th CoC meeting was held on 24.02.2025.
The CoC received a resolution plan with an upward revision of INR 21 Lacs, but did not agree to it.
The CoC approved the extension of the CIRP by 60 days beyond 02.03.2025 with a 100% vote.
The CIRP period, including the extension, expired on 01.05.2025 without an approved resolution plan.
…6th CoC meetin…
6th CoC meetin…