Corporate Insolvency Resolution Process!
The operational creditor of M/s Sanwaria Consumer Limited (hereinafter referred to as “Corporate Debtor”) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 before the Hon’ble Adjudicating Authority (A.A.), i.e., National Company Law Tribunal (“NCLT”), at Indore Bench for initiation of Corporate Insolvency Resolution Process (“CIRP”) of the Corporate Debtor. The said application for CIRP has since been admitted by the Hon’ble NCLT Indore bench vide its order dated 29/05/2020 and consequent, to such admission, CIRP of the Corporate Debtor has commenced w.e.f. 29/05/2020. (Copy of order dated 29/05/2020 issued by the Hon’ble NCLT Indore bench is annexed as Annexure - 1). Further in pursuant to the provisions of Section 17 of the IBC, the powers of the Board of Directors of the Corporate Debtor stands suspended and such powers shall be vested with the undersigned, Rajeev Goel, having IP Registration no. IBBI/IPA-001/IP-P00263/2017-18/10507, appointed as the Insolvency Resolution Professional (the “IRP” or “Interim Resolution Professional”).
CIRP Initiation order
|CIRP Initiation order|
Creditors claim as on date
|LIST OF OPERATIONAL CREDITORS OF THE CORPORATE DEBTOR|
|LIST OF FINANCIAL CREDITOR OF THE CORPORATE DEBTOR|