The Corporate Insolvency Resolution Process (CIRP) for Shri Vaijanath Industries Private Limited was initiated on 06.06.2023 under Section 9 of the IBC, 2016, following an application by M/s. Kamal Metal Corporation, an Operational Creditor. Mr. Vikas Khiyani was appointed as the Interim Resolution Professional (IRP) and subsequently as the Resolution Professional (RP). A public announcement was made for claims, leading to the constitution of the Committee of Creditors (CoC) on 19.08.2023. During the process, it was revealed that the Corporate Debtor's assets had already been auctioned by Union Bank of India.
The present 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 by the Tribunal vide order dated 06.06.2023 in CP (IB) 212/MB-V/2021 under Section 9 of the Code, filed by M/s. Kamal Metal Corporation (Operational Creditor).
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 the creditors of the Corporate Debtor 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 was initiated on 06.06.2023 under Section 9 of the IBC, 2016, following an application by M/s. Kamal Metal Corporation, an Operational Creditor. Mr. Vikas Khiyani was appointed as the Interim Resolution Professional (IRP) and subsequently as the Resolution Professional (RP). A public announcement was made for claims, leading to the constitution of the Committee of Creditors (CoC) on 19.08.2023. During the process, it was revealed that the Corporate Debtor's assets had already been auctioned by Union Bank of India.
The present 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 by the Tribunal vide order dated 06.06.2023 in CP (IB) 212/MB-V/2021 under Section 9 of the Code, filed by M/s. Kamal Metal Corporation (Operational Creditor).
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 the creditors of the Corporate Debtor on or before 20.06.2023.
…Corporate Insolvency Resolution Process…
The IRP made a Public Announcement in Form A in…