The case pertains to an application filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, by the Resolution Professional (RP) of the Corporate Debtor (CD), seeking liquidation of the CD. The CIRP was initiated based on an application under Section 7 of the Code, and the Applicant was appointed as the Interim Resolution Professional (IRP).
The application under Section 7 of the Code was admitted on 14.12.2023, initiating the CIRP of the Corporate Debtor.
The Applicant was appointed as the Interim Resolution Professional (IRP).
The Public Announcement was made on 17.12.2023, and the last date to submit claims was 28.12.2023.
The IRP constituted the Committee of Creditors (CoC).
The first CoC meeting was convened on 13.01.2024, where the IRP was appointed as the Resolution Professional (RP).
The Applicant convened the Third CoC meeting on 27.03.2024, where the CoC rejected the proposal for liquidation and approved the proposal to continue with the CIRP by publishing Form G.
The Applicant published Form G on 21.04.2024, inviting Expression of Interest (Eol) from Prospective Resolution Applicants (PRAs).
…Sign in to view the parties.
Application under Section 7 of the Code was…
Public Announce…
The case pertains to an application filed under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, by the Resolution Professional (RP) of the Corporate Debtor (CD), seeking liquidation of the CD. The CIRP was initiated based on an application under Section 7 of the Code, and the Applicant was appointed as the Interim Resolution Professional (IRP).
The application under Section 7 of the Code was admitted on 14.12.2023, initiating the CIRP of the Corporate Debtor.
The Applicant was appointed as the Interim Resolution Professional (IRP).
The Public Announcement was made on 17.12.2023, and the last date to submit claims was 28.12.2023.
The IRP constituted the Committee of Creditors (CoC).
The first CoC meeting was convened on 13.01.2024, where the IRP was appointed as the Resolution Professional (RP).
The Applicant convened the Third CoC meeting on 27.03.2024, where the CoC rejected the proposal for liquidation and approved the proposal to continue with the CIRP by publishing Form G.
The Applicant published Form G on 21.04.2024, inviting Expression of Interest (Eol) from Prospective Resolution Applicants (PRAs).
…Application under Section 7 of the Code was…
Public Announce…