The Resolution Professional filed an application seeking the closure of the Corporate Insolvency Resolution Process (CIRP). The Suspended Director, Mr. O.A.A. Ananthapadmanabhan Chettiar, was present. There were two Financial Creditors: Sri Mahalakshmi Textiles and DD 650 M/s. Annamalaiar Mills and Bhuvaneshwari Textile Employees Co-operative Thrift and Credit Society.
The Resolution Professional filed an application for the closure of CIRP. The suspended director, O.A.A. Ananthapadmanabhan Chettiar, was present. The corporate debtor had two financial creditors: Sri Mahalakshmi Textiles and DD 650 M/s. Annamalaiar Mills and Bhuvaneshwari Textile Employees Co-operative Thrift and Credit Society. The suspended director paid Rs. 2 Crores 55 lakhs to Sri Mahalakshmi Textiles through Indian Bank DD Nos.882967 to 882969 towards full and final settlement of its dues. The suspended director also paid Rs. 39,23,740/- to DD 650 M/s. Annamalaiar Mills and Bhuvaneshwari Textile Employees Co-operative Thrift and Credit Society by way of DD bearing No.882970 drawn on the Indian Bank towards full and final settlement of the outstanding debt. The
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An order was passed by…
The Committee of Creditors held a meeting and…
The Resolution Professional filed an application seeking the closure of the Corporate Insolvency Resolution Process (CIRP). The Suspended Director, Mr. O.A.A. Ananthapadmanabhan Chettiar, was present. There were two Financial Creditors: Sri Mahalakshmi Textiles and DD 650 M/s. Annamalaiar Mills and Bhuvaneshwari Textile Employees Co-operative Thrift and Credit Society.
The Resolution Professional filed an application for the closure of CIRP. The suspended director, O.A.A. Ananthapadmanabhan Chettiar, was present. The corporate debtor had two financial creditors: Sri Mahalakshmi Textiles and DD 650 M/s. Annamalaiar Mills and Bhuvaneshwari Textile Employees Co-operative Thrift and Credit Society. The suspended director paid Rs. 2 Crores 55 lakhs to Sri Mahalakshmi Textiles through Indian Bank DD Nos.882967 to 882969 towards full and final settlement of its dues. The suspended director also paid Rs. 39,23,740/- to DD 650 M/s. Annamalaiar Mills and Bhuvaneshwari Textile Employees Co-operative Thrift and Credit Society by way of DD bearing No.882970 drawn on the Indian Bank towards full and final settlement of the outstanding debt. The
…An order was passed by…
The Committee of Creditors held a meeting and…