The application IA-3385/2020 was filed by the Resolution Professional (RP) of Three C Homes Private Limited, seeking approval of the Resolution Plan under Section 30(6) read with Section 31 of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor based on a petition filed by Arun Kumar Sinha (Financial Creditor) under Section 7 of the Code. The Adjudicating Authority admitted the petition on 06.09.2019 and appointed Gaurav Katiyar as the Interim Resolution Professional (IRP).
The application IA-3385/2020 was filed by the Resolution Professional seeking approval of the Resolution Plan.
The CIRP was initiated based on a petition filed by Arun Kumar Sinha (Financial Creditor) under Section 7 of the Code.
The Adjudicating Authority admitted the petition on 06.09.2019 and appointed Gaurav Katiyar as the Interim Resolution Professional (IRP).
The Resolution Plan was approved by the Committee of Creditors (CoC) in its 5th meeting held on 10.08.2020.
YEIDA raised objections to the Resolution Plan, primarily concerning dues to the Authority and the acquisition of land.
The Hon'ble Supreme Court of India directed this Tribunal to take up the plan approval application and pass necessary orders.
The Resolution Plan size is Rs. 140,39,27,000/-
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Adjudicating Authority admitted the Company…
The Resolution…
The application IA-3385/2020 was filed by the Resolution Professional (RP) of Three C Homes Private Limited, seeking approval of the Resolution Plan under Section 30(6) read with Section 31 of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor based on a petition filed by Arun Kumar Sinha (Financial Creditor) under Section 7 of the Code. The Adjudicating Authority admitted the petition on 06.09.2019 and appointed Gaurav Katiyar as the Interim Resolution Professional (IRP).
The application IA-3385/2020 was filed by the Resolution Professional seeking approval of the Resolution Plan.
The CIRP was initiated based on a petition filed by Arun Kumar Sinha (Financial Creditor) under Section 7 of the Code.
The Adjudicating Authority admitted the petition on 06.09.2019 and appointed Gaurav Katiyar as the Interim Resolution Professional (IRP).
The Resolution Plan was approved by the Committee of Creditors (CoC) in its 5th meeting held on 10.08.2020.
YEIDA raised objections to the Resolution Plan, primarily concerning dues to the Authority and the acquisition of land.
The Hon'ble Supreme Court of India directed this Tribunal to take up the plan approval application and pass necessary orders.
The Resolution Plan size is Rs. 140,39,27,000/-
…Adjudicating Authority admitted the Company…
The Resolution…