An application under Section 7 of the Insolvency and Bankruptcy Code, 2016 was filed by the Financial Creditor M/s PAS Enterprise against the Corporate Debtor M/s CBS Holdings Private Limited. The application was admitted on 16.01.2024, and a moratorium was declared. Mr. Nikhil Sachdeva was appointed as the Interim Resolution Professional (IRP).
M/s PAS Enterprise filed an application under Section 7 of the IBC against M/s CBS Holdings Private Limited.
The application was admitted on 16.01.2024, and a moratorium was declared.
Mr. Nikhil Sachdeva was appointed as the Interim Resolution Professional (IRP).
The 1st CoC meeting was convened on 15.02.2024, and the Applicant was confirmed as the Resolution Professional.
The Resolution Plan submitted by Mr. Prashant Yadav was approved by the CoC in its 8th CoC meeting dated 13.10.2024 with 100% voting share.
The fair value of the Corporate Debtor was Rs. 42,72,857/- and the Liquidation Value was Rs. 42,38,101/-.
The Resolution Plan has a total plan value of Rs. 45,00,000/-.
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Application under…
The 1st CoC meeting was convened, and the…
An application under Section 7 of the Insolvency and Bankruptcy Code, 2016 was filed by the Financial Creditor M/s PAS Enterprise against the Corporate Debtor M/s CBS Holdings Private Limited. The application was admitted on 16.01.2024, and a moratorium was declared. Mr. Nikhil Sachdeva was appointed as the Interim Resolution Professional (IRP).
M/s PAS Enterprise filed an application under Section 7 of the IBC against M/s CBS Holdings Private Limited.
The application was admitted on 16.01.2024, and a moratorium was declared.
Mr. Nikhil Sachdeva was appointed as the Interim Resolution Professional (IRP).
The 1st CoC meeting was convened on 15.02.2024, and the Applicant was confirmed as the Resolution Professional.
The Resolution Plan submitted by Mr. Prashant Yadav was approved by the CoC in its 8th CoC meeting dated 13.10.2024 with 100% voting share.
The fair value of the Corporate Debtor was Rs. 42,72,857/- and the Liquidation Value was Rs. 42,38,101/-.
The Resolution Plan has a total plan value of Rs. 45,00,000/-.
Application under…
The 1st CoC meeting was convened, and the…