Click Here.pdf

5e935b937a57a0593c0564e9f6c39a53.pdf
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🔗 Source: ibbi.gov.in
📊 Size: 346 KB
📄 Pages: 47 pages
⬇️ Downloads: 48

Summary

The National Company Law Tribunal, Chandigarh Bench, heard an application filed by Mrs. Mandeep Gujral, Resolution Professional of M/s. Jaycon Infrastructure Limited, for approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016. The plan was approved by the Committee of Creditors with a 92.3% voting share. The corporate debtor, Jaycon Infrastructure Limited, was admitted into the Corporate Insolvency Resolution Process in 2019, and Mrs. Gujral was appointed as the Interim Resolution Professional. The Committee of Creditors, comprising four financial creditors, held 33 meetings during the CIRP period, discussing various matters, including the publication of Form-G, evaluation matrix, and appointment of valuers and a transaction auditor. The resolution plan was submitted by Mr. Risabh Jain and approved by the Committee of Creditors on February 9, 2023. The application for approval of the resolution plan was reserved for orders on June 9, 2023.

Description

The National Company Law Tribunal, Chandigarh Bench, heard an application filed by Mrs. Mandeep Gujral, Resolution Professional of M/s.

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  • File Format: PDF
  • File Size: 346 KB
  • Pages: 47
  • Language: EN
  • Total Downloads: 48
  • Last Updated: 2 months ago

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