Infotech HAL Limited filed a Company Petition (C.P. (IB) No. 99 of 2024) under Section 10 of the IBC to initiate CIRP against itself. The petition was admitted on 22.08.2025, and Vasudevan Gopu was appointed as the Interim Resolution Professional (IRP), later confirmed as Resolution Professional.
Infotech HAL Limited filed a petition under Section 10 of the IBC to initiate CIRP against itself.
The petition was admitted on 22.08.2025, and Vasudevan Gopu was appointed as IRP.
The IRP issued public announcements inviting claims from creditors.
The CoC was constituted with operational creditors and reconstituted multiple times.
The CoC approved the liquidation of the company with 78.70% of votes.
Vasudevan Gopu was appointed as the Liquidator, and his remuneration was fixed.
The Adjudicating Authority allowed the application for liquidation and directed Infotech HAL Ltd. to be liquidated.
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Company Petition (C.P (IB) No. 99 of 2024)…
Petition admitted and Shri. Vasudevan Gopu…
Sign in to view related legal provisions.
Infotech HAL Limited filed a Company Petition (C.P. (IB) No. 99 of 2024) under Section 10 of the IBC to initiate CIRP against itself. The petition was admitted on 22.08.2025, and Vasudevan Gopu was appointed as the Interim Resolution Professional (IRP), later confirmed as Resolution Professional.
Infotech HAL Limited filed a petition under Section 10 of the IBC to initiate CIRP against itself.
The petition was admitted on 22.08.2025, and Vasudevan Gopu was appointed as IRP.
The IRP issued public announcements inviting claims from creditors.
The CoC was constituted with operational creditors and reconstituted multiple times.
The CoC approved the liquidation of the company with 78.70% of votes.
Vasudevan Gopu was appointed as the Liquidator, and his remuneration was fixed.
The Adjudicating Authority allowed the application for liquidation and directed Infotech HAL Ltd. to be liquidated.
Company Petition (C.P (IB) No. 99 of 2024)…
Petition admitted and Shri. Vasudevan Gopu…
Sign in to view related legal provisions.