An Interlocutory Application was 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 Corporate Insolvency Resolution Process (CIRP) of Nirmangold Plasttech Private Limited.
The 6th CoC meeting of the Corporate Debtor was held on 06.12.2024 & 09.12.2024, where a resolution plan was discussed.
The 8th CoC meeting was held on 24.02.2025, and the CoC members were informed about the last date of submission of Resolution Plans being 07.12.2024.
The CoC did not agree to an upward revision in the Resolution Plan amount by INR 21 Lacs.
The Insolvency and Bankruptcy Code (IBC) mandates that the CIRP must be completed within a maximum of 330 days from the insolvency commencement date.
No Resolution Plan was approved by CoC as on 1.5.2025.
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6th CoC meetin…
6th CoC meetin…
An Interlocutory Application was 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 Corporate Insolvency Resolution Process (CIRP) of Nirmangold Plasttech Private Limited.
The 6th CoC meeting of the Corporate Debtor was held on 06.12.2024 & 09.12.2024, where a resolution plan was discussed.
The 8th CoC meeting was held on 24.02.2025, and the CoC members were informed about the last date of submission of Resolution Plans being 07.12.2024.
The CoC did not agree to an upward revision in the Resolution Plan amount by INR 21 Lacs.
The Insolvency and Bankruptcy Code (IBC) mandates that the CIRP must be completed within a maximum of 330 days from the insolvency commencement date.
No Resolution Plan was approved by CoC as on 1.5.2025.
…6th CoC meetin…
6th CoC meetin…