This case involves an application filed by Shri Shivadutt Bannanje, the Resolution Professional for M/s. B.T. & F.C. Private Limited and M/s. Bangalore Dehydration and Drying Equipment Co. Private Limited. The application, I.A. No. 235 of 2021, was clubbed with C.P. (IB) No. 165/BB/2018 and C.P. (IB) No. 135/BB/2018, seeking an order for the consolidated liquidation of the two corporate debtors under Section 60 read with Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The proceedings for these two corporate debtors had a complex history, initially involving separate Corporate Insolvency Resolution Processes (CIRPs) and Interim Resolution Professionals (IRPs).

This case involves an application filed by Shri Shivadutt Bannanje, the Resolution Professional for M/s. B.T. & F.C. Private Limited and M/s. Bangalore Dehydration and Drying Equipment Co. Private Limited. The application, I.A. No. 235 of 2021, was clubbed with C.P. (IB) No. 165/BB/2018 and C.P. (IB) No. 135/BB/2018, seeking an order for the consolidated liquidation of the two corporate debtors under Section 60 read with Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The proceedings for these two corporate debtors had a complex history, initially involving separate Corporate Insolvency Resolution Processes (CIRPs) and Interim Resolution Professionals (IRPs).