The case involves a contempt application filed by the Liquidator of Veracious Builders and Developers Private Limited against the suspended Directors for non-compliance with an order dated 14.12.2023, which required them to deposit/contribute approximately Rs. 13 crore into the liquidation account. The respondents had filed an appeal against the order, but it has not been effectively listed.
The Liquidator of Veracious Builders and Developers Private Limited filed a contempt application against the suspended Directors for non-compliance with an order to deposit Rs. 13 crore.
The order in question was dated 14.12.2023 and was passed under Section 66 of the IBC.
The Respondents filed an appeal against the order dated 14.12.2023, but it has not been effectively listed before the NCLAT.
The liquidation of the Corporate Debtor commenced on 17.01.2020.
The Corporate Debtor is a company involved in real estate development.
The Respondents are Promoters and members of the suspended Board of Directors of the Corporate Debtor.
A petition under Section 9 of the IBC was admitted against the Corporate Debtor on 30.07.2019.
…Sign in to view the parties.
A petition under…
Liquidation order of…
The case involves a contempt application filed by the Liquidator of Veracious Builders and Developers Private Limited against the suspended Directors for non-compliance with an order dated 14.12.2023, which required them to deposit/contribute approximately Rs. 13 crore into the liquidation account. The respondents had filed an appeal against the order, but it has not been effectively listed.
The Liquidator of Veracious Builders and Developers Private Limited filed a contempt application against the suspended Directors for non-compliance with an order to deposit Rs. 13 crore.
The order in question was dated 14.12.2023 and was passed under Section 66 of the IBC.
The Respondents filed an appeal against the order dated 14.12.2023, but it has not been effectively listed before the NCLAT.
The liquidation of the Corporate Debtor commenced on 17.01.2020.
The Corporate Debtor is a company involved in real estate development.
The Respondents are Promoters and members of the suspended Board of Directors of the Corporate Debtor.
A petition under Section 9 of the IBC was admitted against the Corporate Debtor on 30.07.2019.
…A petition under…
Liquidation order of…