The case involves an application filed on behalf of the resolution professional seeking an order for the liquidation of Anil Nutrients Limited, the Corporate Debtor. The company is registered with the ROC, Gujarat. The CIRP was initiated based on a petition filed by Anil Nutrients Limited under sections 33(1), 33(2), and 34(1) of the Insolvency and Bankruptcy Code, and an IRP was appointed.
An application was filed by the resolution professional seeking liquidation of Anil Nutrients Limited, a Corporate Debtor registered in Gujarat. The CIRP was initiated under sections 33(1), 33(2), and 34(1) of the Insolvency and Bankruptcy Code. The COC, in its meeting on 2018-02-12, resolved to recommend liquidation due to the absence of a resolution plan. The COC members unanimously voted for liquidation. The Adjudicating Authority considered the petition and the unanimous voting of the COC members. The initial 180-day period for the Corporate Insolvency Resolution Process was to end on 2018-02-20.
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The COC resolved to…
The 180-day period provided for the Corporate…
The case involves an application filed on behalf of the resolution professional seeking an order for the liquidation of Anil Nutrients Limited, the Corporate Debtor. The company is registered with the ROC, Gujarat. The CIRP was initiated based on a petition filed by Anil Nutrients Limited under sections 33(1), 33(2), and 34(1) of the Insolvency and Bankruptcy Code, and an IRP was appointed.
An application was filed by the resolution professional seeking liquidation of Anil Nutrients Limited, a Corporate Debtor registered in Gujarat. The CIRP was initiated under sections 33(1), 33(2), and 34(1) of the Insolvency and Bankruptcy Code. The COC, in its meeting on 2018-02-12, resolved to recommend liquidation due to the absence of a resolution plan. The COC members unanimously voted for liquidation. The Adjudicating Authority considered the petition and the unanimous voting of the COC members. The initial 180-day period for the Corporate Insolvency Resolution Process was to end on 2018-02-20.
The COC resolved to…
The 180-day period provided for the Corporate…