IBC Cases

Update on cases where we have acted as an IRP/RP/Liquidator

IBC Proceedings

The Hon’ble National Company Law Tribunal (NCLT), New Delhi Bench, vide its order dated February 23, 2022 (the order was received on February 25, 2022) has admitted the application filed by Axis Bank Limited (“Financial Creditor”) under the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC) and initiated Corporate Insolvency Resolution Process (“CIRP”) upon JMT Auto Limited (“Corporate Debtor”).

As per the order, Mr. Pardeep Kumar Sethi having IP Registration No: IBBI/IPA-001/IP-P00711/2017-2018/11265 have been appointed as the Interim Resolution Professional (IRP) with respect to JMT Auto Limited vide the same order.

A public announcement in this regard has been made by the IRP on February 28, 2022 in Financial Express (All edition), Jansatta (Delhi & Lucknow), Kannda Prabha (Hubbli) and Utkal mail (Jamshedpur).

The creditors of JMT Auto Limited are hereby called upon to submit their claims with proof to the interim resolution professional in specified form.

For any further queries on the Corporate Insolvency Resolution Process, please feel free to contact:

Pardeep Kumar Sethi

Interim Resolution Professional of JMT Auto Limited

IP Registration no. IBBI/IPA-001/IP-P00711/2017-2018/11265

JMT Auto Limited

(a company under Corporate Insolvency Resolution Process vide NCLT order dated 23rd February, 2022) Email: [email protected]

Public Announcements

The Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, vide its order dated March 15, 2022 (the certified order was received on march 25, 2022) has admitted the application filed by State Bank of India (“Financial Creditor”) under the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC) and initiated Corporate Insolvency Resolution Process (“CIRP”) upon RPA Ferro – Industries Private Limited (“Corporate Debtor”).

As per the order, Mr. Kumar Rajan having IP Registration No: IBBI/IPA-002/IP-N00658/2018-2019/12116 have been appointed as the Interim Resolution Professional (IRP) with respect to RPA Ferro – Industries Private Limited vide the same order.

A public announcement in this regard has been made by the IRP on March 28, 2022 in Financial Express (All India edition), Navshakti (All Maharashtra edition), and Kannda Prabha (Dharwad edition).

The creditors of RPA Ferro – Industries Private Limited are hereby called upon to submit their claims with proof to the interim resolution professional in specified form.

 

For any further queries on the Corporate Insolvency Resolution Process, please feel free to contact:

Kumar Rajan

Interim Resolution Professional of RPA Ferro – Industries Private Limited

IP Registration no. IBBI/IPA-002/IP-N00658/2018-2019/12116

RPA Ferro – Industries Private Limited

(a company under Corporate Insolvency Resolution Process vide NCLT order dated 15th March, 2022)

Email: [email protected]

Public Announcements

Hon’ble National Company Law Tribunal, Ahmedabad Bench has ordered the commencement of Corporate Insolvency Resolution Process for Archon Engicon Limited vide its order dated September 7, 2021 (Copy of order received by Interim Resolution Professional on September 14, 2021). As per the order, Mr. Parthiv Parikh, Insolvency Professional having IP Reg. No. – IBBI/IPA-002/IP-N00369/2017-2018/11063 has been appointed as the Interim Resolution Professional (“IRP”). A public announcement in this regard has been made by the IRP on September 16, 2021 in Financial Express (in English language – All India edition) and Divya Bhaskar (in Gujarati language- All Gujarat edition).

 

The creditors of Archon Engicon Limited, are hereby called upon to submit their claims with proof to the interim resolution professional in specified form.

For any further queries on the Corporate Insolvency Resolution Process, please feel free to contact:

Parthiv Parikh

IBBI/IPA-002/IP- N00369/2017-2018/11063

Interim Resolution Professional

Archon Engicon Limited

(a company under Corporate Insolvency Resolution Process vide NCLT order dated September 7, 2021)

Email: [email protected]

Public Announcements

Hon’ble National Company Law Tribunal, Hyderabad Bench has ordered the commencement of Liquidation Process for ATHNA CHHATTISGARH POWER LIMITED vide its order dated May 13, 2021 (Liquidator received the order on 10.06.2021). The said order records the appointment of Kumar Rajan (IP Registration No. IBBI/IPA-002/IP-N00658/2018-2019/12116) as the Liquidator. A public announcement in this regard was made by the Liquidator on June 12, 2021 in Business standard (in English language – All India edition), Dabang Duniya (in Hindi language – All Chhattisgarh) and Eenadu (in Telugu language – All Hyderabad).

 

The Stakeholders of ATHENA CHHATTISGARH POWER LIMITED are hereby called upon to submit their claims to the attention of the Liquidator in the specified form

For any further queries on the Liquidation Process, please feel free to contact:

Kumar Rajan

IBBI/IPA-002/IP-N00658/2018-2019/12116

Liquidator

Athena Chhattisgarh Power Limited

(a company under Liquidation Process vide NCLT order dated 13th May 2021)

Email: [email protected]

Subscribe

to our newsletters & stay updated with the latest on RBSA