The present application was filed under Section 33 of the Insolvency and Bankruptcy Code, 2016, by the Resolution Professional seeking liquidation of the Corporate Debtor, Rajat Wires Pvt Limited.
The Adjudicating Authority initiated CIRP for Rajat Wires Pvt Limited on 14.02.2020 and appointed Mr. Kanti Mohan Rustagi as the Interim Resolution Professional.
The Applicant made a public announcement in Form-A on 19.02.2020.
The CoC was comprised of two financial creditors: Canara Bank and Mrs. Sunita Sachdev.
The CoC approved criteria for prospective resolution applicants in its second meeting.
The Adjudicating Authority appointed Mr. Gulshan Gaba as the Resolution Professional on 29.07.2020.
The CoC received one resolution plan from M/s. Garg Builders on 31.12.2020, which was later rejected.
The members of the CoC, holding 100% voting share, decided to liquidate the Corporate Debtor.
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Adjudicating Authority passed an order…
The Applicant made a…
The present application was filed under Section 33 of the Insolvency and Bankruptcy Code, 2016, by the Resolution Professional seeking liquidation of the Corporate Debtor, Rajat Wires Pvt Limited.
The Adjudicating Authority initiated CIRP for Rajat Wires Pvt Limited on 14.02.2020 and appointed Mr. Kanti Mohan Rustagi as the Interim Resolution Professional.
The Applicant made a public announcement in Form-A on 19.02.2020.
The CoC was comprised of two financial creditors: Canara Bank and Mrs. Sunita Sachdev.
The CoC approved criteria for prospective resolution applicants in its second meeting.
The Adjudicating Authority appointed Mr. Gulshan Gaba as the Resolution Professional on 29.07.2020.
The CoC received one resolution plan from M/s. Garg Builders on 31.12.2020, which was later rejected.
The members of the CoC, holding 100% voting share, decided to liquidate the Corporate Debtor.
…Adjudicating Authority passed an order…
The Applicant made a…