The Corporate Insolvency Resolution Process (CIRP) for AG Conveying Systems Private Limited commenced on December 3, 2019. Shri. Rajesh S Shah, initially appointed as Interim Resolution Professional (IRP) and later confirmed as Resolution Professional (RP), oversaw the process. A Resolution Plan submitted by Shri Shripad Gopal Apte was eventually approved by the Adjudicating Authority on May 16, 2024, and a Monitoring Committee was constituted to implement it.
The Resolution Professional (Applicant/Chairperson of the Monitoring Committee) filed an application under Section 33(3) of the Insolvency and Bankruptcy Code, 2016, for initiating the liquidation process of AG Conveying Systems Private Limited (Corporate Debtor).
The Corporate Insolvency Resolution Process (CIRP) of AG Conveying Systems Private Limited commenced on December 3, 2019.
The Applicant was initially appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP) of the Corporate Debtor.
The Applicant issued a Public Announcement inviting claims from creditors, and a Committee of Creditors (CoC) was constituted.
The CoC consisted solely of the Bank of Maharashtra, holding 100% voting share.
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The Corporate Insolvency Resolution Process…
The Resolution Professional published Form G for…
The Corporate Insolvency Resolution Process (CIRP) for AG Conveying Systems Private Limited commenced on December 3, 2019. Shri. Rajesh S Shah, initially appointed as Interim Resolution Professional (IRP) and later confirmed as Resolution Professional (RP), oversaw the process. A Resolution Plan submitted by Shri Shripad Gopal Apte was eventually approved by the Adjudicating Authority on May 16, 2024, and a Monitoring Committee was constituted to implement it.
The Resolution Professional (Applicant/Chairperson of the Monitoring Committee) filed an application under Section 33(3) of the Insolvency and Bankruptcy Code, 2016, for initiating the liquidation process of AG Conveying Systems Private Limited (Corporate Debtor).
The Corporate Insolvency Resolution Process (CIRP) of AG Conveying Systems Private Limited commenced on December 3, 2019.
The Applicant was initially appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP) of the Corporate Debtor.
The Applicant issued a Public Announcement inviting claims from creditors, and a Committee of Creditors (CoC) was constituted.
The CoC consisted solely of the Bank of Maharashtra, holding 100% voting share.
…The Corporate Insolvency Resolution Process…
The Resolution Professional published Form G for…