The Hon’ble National Company Law Tribunal, Chennai Bench vide its order dated March 31, 2023 (made available on April 3, 2023), ordered for commencement of Corporate Insolvency Resolution Process (“CIRP”) against Seastar Realtors Private Limited by admitting the application (C.P. (IB) No. 128/2022) filed by Financial Creditor under Section 7 of the Insolvency and Bankruptcy Code, 2016. Accordingly, the CIRP has commenced with effect from March 31, 2023.
The Hon’ble NCLT vide the same order appointed Mr. Prakul Thadi (IBBI Registration No.: IBBI/IPA-002/IP-N01149/2021-2022/13806) as the Interim Resolution Professional (“IRP”) to manage the affairs, business, and property of Seastar Realtors Private Limited .
The creditors of Seastar Realtors Private Limited are hereby called upon to submit their claims with proof on or before April 17, 2023, to the IRP on the email id email@example.com. The following forms are prescribed by the Insolvency and Bankruptcy Board of India in IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Accordingly, the creditors are advised to fill their respective forms based on their nature of debt and submit the same to the IRP.