The appeal arises from an order dated 17/02/2022 in IA/47/2021 in IBA/216/2019 along with IA/938/2021 in IBA/216/2019, passed by the ‘Adjudicating Authority' (National Company Law Tribunal, Division Bench-I, Chennai). A 'Memo' was filed on behalf of the Respondent before the 'Office of the Registry', dated 14.02.2023, stating that the 'Successful Resolution Applicant' M/s. Ansio Private Limited, had contravened 'The Approved Terms of Resolution Plan'. The 'Monitoring Committee' had recommended liquidation of the 'Corporate Debtor'. IA 985/2022 was filed for liquidation of the 'Corporate Debtor', which was allowed by the National Company Law Tribunal, Chennai Bench, through its Order dated 24.01.2023, in IBA/216/2019, appointing the Respondent as Liquidator.
The 'Successful Resolution Applicant' M/s. Ansio Private Limited, contravened 'The Approved Terms of Resolution Plan'. The 'Monitoring Committee' recommended liquidation of the 'Corporate Debtor'. The National Company Law Tribunal, Chennai Bench, allowed the liquidation of the 'Corporate Debtor' through an order dated 24.01.2023, in IBA/216/2019, appointing the Respondent as Liquidator. An appeal was filed against the impugned order dated 17/02/2022. A memo was filed before the registry on 14.02.2023 stating the contravention of the resolution plan.
Sign in to view the parties.
Proceedin…
Impugned Order dated 17/02/2022 in IA/47/2021…
The appeal arises from an order dated 17/02/2022 in IA/47/2021 in IBA/216/2019 along with IA/938/2021 in IBA/216/2019, passed by the ‘Adjudicating Authority' (National Company Law Tribunal, Division Bench-I, Chennai). A 'Memo' was filed on behalf of the Respondent before the 'Office of the Registry', dated 14.02.2023, stating that the 'Successful Resolution Applicant' M/s. Ansio Private Limited, had contravened 'The Approved Terms of Resolution Plan'. The 'Monitoring Committee' had recommended liquidation of the 'Corporate Debtor'. IA 985/2022 was filed for liquidation of the 'Corporate Debtor', which was allowed by the National Company Law Tribunal, Chennai Bench, through its Order dated 24.01.2023, in IBA/216/2019, appointing the Respondent as Liquidator.
The 'Successful Resolution Applicant' M/s. Ansio Private Limited, contravened 'The Approved Terms of Resolution Plan'. The 'Monitoring Committee' recommended liquidation of the 'Corporate Debtor'. The National Company Law Tribunal, Chennai Bench, allowed the liquidation of the 'Corporate Debtor' through an order dated 24.01.2023, in IBA/216/2019, appointing the Respondent as Liquidator. An appeal was filed against the impugned order dated 17/02/2022. A memo was filed before the registry on 14.02.2023 stating the contravention of the resolution plan.
Proceedin…
Impugned Order dated 17/02/2022 in IA/47/2021…