The application was filed by the Applicant/Resolution Professional under Sections 33 and 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016, seeking liquidation of the Corporate Debtor, M/s Blizzard Ceramica LLP, and appointment of a Liquidator.
The Corporate Debtor was admitted into CIRP vide order dated 28.04.2025 in CP (IB) No. 283 of 2024 under Section 9 of the Code.
The CIRP period was extended vide order dated 13.05.2025 in IA No. 624 of 2025.
A Resolution Plan was received and considered in the 7th, 8th, and 9th meetings of the CoC but was rejected with 100% voting share.
The CoC resolved to liquidate the Corporate Debtor with 100% voting share in the 9th CoC meeting held on 30.12.2025.
No resolution plan has been approved under Section 31 of the Code within the CIRP period.
The Adjudicating Authority appointed Mr. Rajender Pal Chandel as the Liquidator of the Corporate Debtor.
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Corporate Debtor…
CIRP period extended…
The application was filed by the Applicant/Resolution Professional under Sections 33 and 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016, seeking liquidation of the Corporate Debtor, M/s Blizzard Ceramica LLP, and appointment of a Liquidator.
The Corporate Debtor was admitted into CIRP vide order dated 28.04.2025 in CP (IB) No. 283 of 2024 under Section 9 of the Code.
The CIRP period was extended vide order dated 13.05.2025 in IA No. 624 of 2025.
A Resolution Plan was received and considered in the 7th, 8th, and 9th meetings of the CoC but was rejected with 100% voting share.
The CoC resolved to liquidate the Corporate Debtor with 100% voting share in the 9th CoC meeting held on 30.12.2025.
No resolution plan has been approved under Section 31 of the Code within the CIRP period.
The Adjudicating Authority appointed Mr. Rajender Pal Chandel as the Liquidator of the Corporate Debtor.
Corporate Debtor…
CIRP period extended…