The case pertains to the appointment of a liquidator for Anandram Developers Pvt Ltd, the Corporate Debtor, following a reference from IBBI. The Tribunal, in compliance with its order dated 31.12.2019, considered IBBI's recommendation and appointed Ms. Santhanam Rajashree as the Liquidator.
The Insolvency and Bankruptcy Board of India (IBBI) recommended Ms. Santhanam Rajashree as a suitable Resolution Professional (RP) to act as Liquidator for Anandram Developers Pvt Ltd, the Corporate Debtor. The National Company Law Tribunal (NCLT) Chennai Bench, in compliance with its order dated 31.12.2019, appointed Ms. Santhanam Rajashree as the Liquidator. The Liquidator is directed to act in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC), and related rules and regulations. The Liquidator must issue a public announcement that the Corporate Debtor is in liquidation and investigate the financial affairs of the Corporate Debtor, particularly regarding preferential and undervalued transactions. The order also directs the Registry to
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The case pertains to the appointment of a liquidator for Anandram Developers Pvt Ltd, the Corporate Debtor, following a reference from IBBI. The Tribunal, in compliance with its order dated 31.12.2019, considered IBBI's recommendation and appointed Ms. Santhanam Rajashree as the Liquidator.
The Insolvency and Bankruptcy Board of India (IBBI) recommended Ms. Santhanam Rajashree as a suitable Resolution Professional (RP) to act as Liquidator for Anandram Developers Pvt Ltd, the Corporate Debtor. The National Company Law Tribunal (NCLT) Chennai Bench, in compliance with its order dated 31.12.2019, appointed Ms. Santhanam Rajashree as the Liquidator. The Liquidator is directed to act in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC), and related rules and regulations. The Liquidator must issue a public announcement that the Corporate Debtor is in liquidation and investigate the financial affairs of the Corporate Debtor, particularly regarding preferential and undervalued transactions. The order also directs the Registry to
…The Tribunal passed an…
IBBI communicated its…