EVA Agro Feeds Private Limited filed an application against Sunil Mohan Acharya, the Liquidator of Amrit Feeds Limited, after the liquidator cancelled an e-auction in which EVA Agro Feeds was declared the successful bidder. The Corporate Insolvency Resolution Process (CIRP) for Amrit Feeds Limited was initiated on October 22, 2019, and a liquidation order was passed on February 19, 2021, appointing Sunil Mohan Acharya as the liquidator. The liquidator forwarded a sale notice for the assets of Amrit Feeds Limited, and EVA Agro Feeds participated in the e-auction, was declared the successful bidder, but the auction was subsequently cancelled by the liquidator under clause 3(k) of the disclaimer clause in the e-auction process document.
On October 22, 2019, the Corporate Insolvency Resolution Process (CIRP) was initiated for Amrit Feeds Limited. On February 19, 2021, a liquidation order was passed, and Mr. Sunil Mohan Acharya was appointed as the liquidator. On June 7, 2021, the liquidator sent a sale notice to EVA Agro Feeds Private Limited, the applicant, for the assets of Amrit Feeds Limited. EVA Agro Feeds submitted a bid application form on July 16, 2021, and deposited an Earnest Money Deposit (EMD) of Rs. 1 crore on July 17, 2021. On July 19, 2021, EVA Agro Feeds submitted a bid of Rs. 10 crore, and the bidding ended on July 20, 2021. EVA Agro Feeds received an e-auction certificate confirming they had won the auction. On July 21, 2021, the liquidator cancelled the e-auction under clause 3(k) of
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Corporate Insolvency…
A liquidation order was passed for Amrit Feeds…
EVA Agro Feeds Private Limited filed an application against Sunil Mohan Acharya, the Liquidator of Amrit Feeds Limited, after the liquidator cancelled an e-auction in which EVA Agro Feeds was declared the successful bidder. The Corporate Insolvency Resolution Process (CIRP) for Amrit Feeds Limited was initiated on October 22, 2019, and a liquidation order was passed on February 19, 2021, appointing Sunil Mohan Acharya as the liquidator. The liquidator forwarded a sale notice for the assets of Amrit Feeds Limited, and EVA Agro Feeds participated in the e-auction, was declared the successful bidder, but the auction was subsequently cancelled by the liquidator under clause 3(k) of the disclaimer clause in the e-auction process document.
On October 22, 2019, the Corporate Insolvency Resolution Process (CIRP) was initiated for Amrit Feeds Limited. On February 19, 2021, a liquidation order was passed, and Mr. Sunil Mohan Acharya was appointed as the liquidator. On June 7, 2021, the liquidator sent a sale notice to EVA Agro Feeds Private Limited, the applicant, for the assets of Amrit Feeds Limited. EVA Agro Feeds submitted a bid application form on July 16, 2021, and deposited an Earnest Money Deposit (EMD) of Rs. 1 crore on July 17, 2021. On July 19, 2021, EVA Agro Feeds submitted a bid of Rs. 10 crore, and the bidding ended on July 20, 2021. EVA Agro Feeds received an e-auction certificate confirming they had won the auction. On July 21, 2021, the liquidator cancelled the e-auction under clause 3(k) of
…Corporate Insolvency…
A liquidation order was passed for Amrit Feeds…