The Corporate Insolvency Resolution Process (CIRP) for Shri Vaijanath Industries Private Limited (Corporate Debtor) was initiated on 06.06.2023, based on an application filed by M/s. Kamal Metal Corporation (Operational Creditor) under Section 9 of the IBC. Mr. Vikas Khiyani was appointed as the Interim Resolution Professional (IRP). A public announcement was made inviting claims, and two claims were admitted, leading to the constitution of the Committee of Creditors (CoC) on 19.08.2023. During the IRP's visit, suspended directors informed that the Corporate Debtor's assets had already been auctioned by Union Bank of India.
The Interlocutory Application (IA(LIQ.)/62/2024) was filed under Section 33 of the Insolvency and Bankruptcy Code, 2016 by Mr. Vikas Khiyani, the Resolution Professional of Shri Vaijanath Industries Private Limited.
The Corporate Insolvency Resolution Process (CIRP) of Shri Vaijanath Industries Private Limited was initiated on 06.06.2023 in CP (IB) 212/MB-V/2021 under Section 9 of the Code, filed by M/s. Kamal Metal Corporation.
Mr. Vikas Khiyani was appointed as the Interim Resolution Professional (IRP) of the Corporate Debtor.
The IRP made a Public Announcement in Form A on 08.06.2023, inviting claims from creditors on or before 20.06.2023.
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Corporate Insolvency Resolution Process…
The IRP made a Public Announcement in Form A in…
The Corporate Insolvency Resolution Process (CIRP) for Shri Vaijanath Industries Private Limited (Corporate Debtor) was initiated on 06.06.2023, based on an application filed by M/s. Kamal Metal Corporation (Operational Creditor) under Section 9 of the IBC. Mr. Vikas Khiyani was appointed as the Interim Resolution Professional (IRP). A public announcement was made inviting claims, and two claims were admitted, leading to the constitution of the Committee of Creditors (CoC) on 19.08.2023. During the IRP's visit, suspended directors informed that the Corporate Debtor's assets had already been auctioned by Union Bank of India.
The Interlocutory Application (IA(LIQ.)/62/2024) was filed under Section 33 of the Insolvency and Bankruptcy Code, 2016 by Mr. Vikas Khiyani, the Resolution Professional of Shri Vaijanath Industries Private Limited.
The Corporate Insolvency Resolution Process (CIRP) of Shri Vaijanath Industries Private Limited was initiated on 06.06.2023 in CP (IB) 212/MB-V/2021 under Section 9 of the Code, filed by M/s. Kamal Metal Corporation.
Mr. Vikas Khiyani was appointed as the Interim Resolution Professional (IRP) of the Corporate Debtor.
The IRP made a Public Announcement in Form A on 08.06.2023, inviting claims from creditors on or before 20.06.2023.
…Corporate Insolvency Resolution Process…
The IRP made a Public Announcement in Form A in…