The Corporate Insolvency Resolution Process (CIRP) was initiated against Vichare Express & Logistics Private Limited. Mr. Vishal Ghisulal Jain was appointed as the Interim Resolution Professional (IRP), who then constituted a Committee of Creditors (CoC). Subsequently, Mr. Madan Bajarang Lal Vaishnawa was appointed as the Resolution Professional (RP). Efforts were made to invite Expression of Interests (EoIs) and receive resolution plans from Prospective Resolution Applicants (PRAs).
The Corporate Insolvency Resolution Process (CIRP) was initiated against Vichare Express & Logistics Private Limited (Corporate Debtor) vide order dated 12.03.2024 under Section 7 of the IBC, 2016.
Mr. Vishal Ghisulal Jain was appointed as the Interim Resolution Professional (IRP) of the Corporate Debtor.
The IRP made a public announcement in Form A on 14.03.2024, inviting claims from creditors, with 26.03.2024 as the last date for submission.
A Committee of Creditors (CoC) was constituted, comprising Vichare Loginext Private Limited (60.21% voting share) and VB Industries Limited (39.79% voting share).
In the 1st CoC meeting on 11.04.2024, the CoC, with 100% voting share, resolved to appoint Madan Bajarang Lal Vaishnawa as the Resolution Professional (RP).
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Corporate Insolvency Resolution Process (CIRP)…
IRP made a public announcement in Form A in…
The Corporate Insolvency Resolution Process (CIRP) was initiated against Vichare Express & Logistics Private Limited. Mr. Vishal Ghisulal Jain was appointed as the Interim Resolution Professional (IRP), who then constituted a Committee of Creditors (CoC). Subsequently, Mr. Madan Bajarang Lal Vaishnawa was appointed as the Resolution Professional (RP). Efforts were made to invite Expression of Interests (EoIs) and receive resolution plans from Prospective Resolution Applicants (PRAs).
The Corporate Insolvency Resolution Process (CIRP) was initiated against Vichare Express & Logistics Private Limited (Corporate Debtor) vide order dated 12.03.2024 under Section 7 of the IBC, 2016.
Mr. Vishal Ghisulal Jain was appointed as the Interim Resolution Professional (IRP) of the Corporate Debtor.
The IRP made a public announcement in Form A on 14.03.2024, inviting claims from creditors, with 26.03.2024 as the last date for submission.
A Committee of Creditors (CoC) was constituted, comprising Vichare Loginext Private Limited (60.21% voting share) and VB Industries Limited (39.79% voting share).
In the 1st CoC meeting on 11.04.2024, the CoC, with 100% voting share, resolved to appoint Madan Bajarang Lal Vaishnawa as the Resolution Professional (RP).
…Corporate Insolvency Resolution Process (CIRP)…
IRP made a public announcement in Form A in…