State Bank of India filed an application under Section 33(2) of the IBC to initiate the liquidation process of Neesa Agritech and Foods Limited.

The Committee of Creditors (CoC) approved the liquidation of the corporate debtor with 78.24% of the voting shares.

Mr. Premraj Ramratan Laddha was initially proposed as the Liquidator.

The Adjudicating Authority appointed Mr. Bhavik Haribhai Rupapara as the Liquidator.

The Moratorium declared earlier ceased to exist from the date of the liquidation order.

The Liquidator is directed to issue a public announcement regarding the liquidation of the Corporate Debtor.

Other IAs were withdrawn by the applicant.

State Bank of India filed an application under Section 33(2) of the IBC to initiate the liquidation process of Neesa Agritech and Foods Limited.

The Committee of Creditors (CoC) approved the liquidation of the corporate debtor with 78.24% of the voting shares.

Mr. Premraj Ramratan Laddha was initially proposed as the Liquidator.

The Adjudicating Authority appointed Mr. Bhavik Haribhai Rupapara as the Liquidator.

The Moratorium declared earlier ceased to exist from the date of the liquidation order.

The Liquidator is directed to issue a public announcement regarding the liquidation of the Corporate Debtor.

Other IAs were withdrawn by the applicant.