An application was filed by Mr. Umesh Gupta, the Resolution Professional of M/s. Shakti Bhog Snacks Limited, under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking dissolution of the corporate debtor. The application was filed due to the absence of assets, ongoing business operations, and scope for revival.
An application was filed under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking dissolution of the Corporate Debtor, M/s Shakti Bhog Snacks Limited.
The Operational Creditor, M/s Goyal Tea Agencies Private Limited, had previously filed an application under Section 9 of the IBC against the Corporate Debtor, which was admitted on 03.01.2023.
Mr. Umesh Gupta was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
The Committee of Creditors (CoC) consisted solely of State Bank of India.
The Resolution Professional attempted to take charge of the assets and books of account of the Corporate Debtor but found the registered office sealed by the Enforcement Directorate.
…Sign in to view the parties.
Application under Section 9 of the Insolvency…
A moratorium under Section 14 of the Code was…
An application was filed by Mr. Umesh Gupta, the Resolution Professional of M/s. Shakti Bhog Snacks Limited, under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking dissolution of the corporate debtor. The application was filed due to the absence of assets, ongoing business operations, and scope for revival.
An application was filed under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking dissolution of the Corporate Debtor, M/s Shakti Bhog Snacks Limited.
The Operational Creditor, M/s Goyal Tea Agencies Private Limited, had previously filed an application under Section 9 of the IBC against the Corporate Debtor, which was admitted on 03.01.2023.
Mr. Umesh Gupta was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
The Committee of Creditors (CoC) consisted solely of State Bank of India.
The Resolution Professional attempted to take charge of the assets and books of account of the Corporate Debtor but found the registered office sealed by the Enforcement Directorate.
…Application under Section 9 of the Insolvency…
A moratorium under Section 14 of the Code was…