The case involves an Interlocutory Application filed by the Applicant/Resolution Professional of the Corporate Debtor against Shivaji Nagrik Sahakari Bank Limited seeking certain directions.
An Interlocutory Application was filed seeking 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, and 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 CIRP period needed to be concluded within 330 days i.e. till 01.05.2025.
No Resolution Plan was approved by CoC as on 1.5.2025.
Shivaji Nagrik Sahakari Bank Limited failed to change authorized signatories in the bank account of the Corporate Debtor despite Tribunal's directions.
A Show Cause Notice was issued to Shivaji Nagrik Sahakari Bank Limited for non-compliance with the Tribunal's order.
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6th CoC meetin…
6th CoC meetin…
The case involves an Interlocutory Application filed by the Applicant/Resolution Professional of the Corporate Debtor against Shivaji Nagrik Sahakari Bank Limited seeking certain directions.
An Interlocutory Application was filed seeking 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, and 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 CIRP period needed to be concluded within 330 days i.e. till 01.05.2025.
No Resolution Plan was approved by CoC as on 1.5.2025.
Shivaji Nagrik Sahakari Bank Limited failed to change authorized signatories in the bank account of the Corporate Debtor despite Tribunal's directions.
A Show Cause Notice was issued to Shivaji Nagrik Sahakari Bank Limited for non-compliance with the Tribunal's order.
6th CoC meetin…
6th CoC meetin…