The case involves an application (IA 75 of 2020) filed by the liquidator, Dipak Janambhai Rachchha, of Aarohi Motors Private Limited, the Corporate Debtor, under Section 54 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45 of the IBBI (Liquidation Process) Regulations 2016. The Corporate Debtor had previously filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiation of Resolution Process, which was admitted by the Adjudicating Authority on 2017-09-21. The Committee of Creditors (CoC) unanimously resolved for the liquidation of the Corporate Debtor on 2018-02-26. The Adjudicating Authority directed the Corporate Debtor to be liquidated on 2018-03-19 and appointed the Applicant as the Liquidator.
Aarohi Motors Private Limited (Corporate Debtor) filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiation of the resolution process. The Adjudicating Authority admitted the application on 2017-09-21. The Committee of Creditors (CoC) unanimously resolved for the liquidation of the Corporate Debtor on 2018-02-26. Dipak Janambhai Rachchha was appointed as the Interim Resolution Professional and later as the Liquidator. The Adjudicating Authority directed the Corporate Debtor to be liquidated on 2018-03-19. The Liquidator made public announcements inviting claims from stakeholders. The Liquidator prepared a final report in compliance with Regulation 45 of the IBBI (Liquidation Process) Regulations 2016. The Liquidator filed an
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The case involves an application (IA 75 of 2020) filed by the liquidator, Dipak Janambhai Rachchha, of Aarohi Motors Private Limited, the Corporate Debtor, under Section 54 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45 of the IBBI (Liquidation Process) Regulations 2016. The Corporate Debtor had previously filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiation of Resolution Process, which was admitted by the Adjudicating Authority on 2017-09-21. The Committee of Creditors (CoC) unanimously resolved for the liquidation of the Corporate Debtor on 2018-02-26. The Adjudicating Authority directed the Corporate Debtor to be liquidated on 2018-03-19 and appointed the Applicant as the Liquidator.
Aarohi Motors Private Limited (Corporate Debtor) filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiation of the resolution process. The Adjudicating Authority admitted the application on 2017-09-21. The Committee of Creditors (CoC) unanimously resolved for the liquidation of the Corporate Debtor on 2018-02-26. Dipak Janambhai Rachchha was appointed as the Interim Resolution Professional and later as the Liquidator. The Adjudicating Authority directed the Corporate Debtor to be liquidated on 2018-03-19. The Liquidator made public announcements inviting claims from stakeholders. The Liquidator prepared a final report in compliance with Regulation 45 of the IBBI (Liquidation Process) Regulations 2016. The Liquidator filed an
…The Adjudicating Authority admitted the…
The Committee of Creditors (CoC)…
Sign in to view related legal provisions.