The Corporate Insolvency Resolution Process (CIRP) for Dalmia Life Care Private Limited commenced on 12.09.2024. Mr. Rakesh Kumar was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Rabindra Kumar Mintri. Despite multiple Committee of Creditors (CoC) meetings and extensions for the CIRP period, no viable resolution plan was received from prospective resolution applicants. One applicant withdrew, and another's proposal was deemed commercially unviable.
IA (Liq.)/36/ND/2025 was filed by Mr. Rabindra Kumar Mintri, Resolution Professional of M/s. Dalmia Life Care Private Limited, seeking liquidation of the Corporate Debtor under Section 33(2) of the IBC, 2016.
The Corporate Insolvency Resolution Process (CIRP) of M/s Dalmia Life Care Pvt. Ltd. commenced on 12.09.2024.
Mr. Rakesh Kumar was initially appointed as the Interim Resolution Professional (IRP).
A public announcement of the initiation of CIRP was published on 19.09.2024.
On 13.10.2024, the IRP filed an Interlocutory Application (IA No. 5278/ND/2024) under Section 19(2) of the IBC, 2016.
The 2nd CoC meeting on 07.12.2024 resolved to replace the IRP with Mr. Rabindra Mintri as the Resolution Professional (RP) with 66.57% voting.
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Corporate Insolvency Resolution Process…
Public announcement of the initiation of the…
The Corporate Insolvency Resolution Process (CIRP) for Dalmia Life Care Private Limited commenced on 12.09.2024. Mr. Rakesh Kumar was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Rabindra Kumar Mintri. Despite multiple Committee of Creditors (CoC) meetings and extensions for the CIRP period, no viable resolution plan was received from prospective resolution applicants. One applicant withdrew, and another's proposal was deemed commercially unviable.
IA (Liq.)/36/ND/2025 was filed by Mr. Rabindra Kumar Mintri, Resolution Professional of M/s. Dalmia Life Care Private Limited, seeking liquidation of the Corporate Debtor under Section 33(2) of the IBC, 2016.
The Corporate Insolvency Resolution Process (CIRP) of M/s Dalmia Life Care Pvt. Ltd. commenced on 12.09.2024.
Mr. Rakesh Kumar was initially appointed as the Interim Resolution Professional (IRP).
A public announcement of the initiation of CIRP was published on 19.09.2024.
On 13.10.2024, the IRP filed an Interlocutory Application (IA No. 5278/ND/2024) under Section 19(2) of the IBC, 2016.
The 2nd CoC meeting on 07.12.2024 resolved to replace the IRP with Mr. Rabindra Mintri as the Resolution Professional (RP) with 66.57% voting.
…Corporate Insolvency Resolution Process…
Public announcement of the initiation of the…