CA 182/2019 was filed under Section 33 of the Code, seeking directions to liquidate the assets of the Corporate Debtor. The Corporate Insolvency Resolution (CIR) period of 270 days expired on December 29, 2018. The Resolution application was rejected by the Committee of Creditors (COC). The COC comprised only one Financial Creditor, the Oriental Bank of Commerce. A resolution was passed on December 27, 2018, deciding that the Resolution Professional (RP) should file the present application for liquidation.
An application, CA 182/2019, was filed under Section 33 of the Code seeking directions to liquidate the assets of the Corporate Debtor. The 270-day CIR period expired on December 29, 2018. The resolution application was rejected by the COC, which consisted of only one Financial Creditor, the Oriental Bank of Commerce. On December 27, 2018, a resolution was passed deciding that the RP should file the present application for liquidation. Mr. Manoj Kumar Anand was named as the Liquidator by the COC and consented to act as such.
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The 270 days of the…
A resolution was passed deciding that the…
CA 182/2019 was filed under Section 33 of the Code, seeking directions to liquidate the assets of the Corporate Debtor. The Corporate Insolvency Resolution (CIR) period of 270 days expired on December 29, 2018. The Resolution application was rejected by the Committee of Creditors (COC). The COC comprised only one Financial Creditor, the Oriental Bank of Commerce. A resolution was passed on December 27, 2018, deciding that the Resolution Professional (RP) should file the present application for liquidation.
An application, CA 182/2019, was filed under Section 33 of the Code seeking directions to liquidate the assets of the Corporate Debtor. The 270-day CIR period expired on December 29, 2018. The resolution application was rejected by the COC, which consisted of only one Financial Creditor, the Oriental Bank of Commerce. On December 27, 2018, a resolution was passed deciding that the RP should file the present application for liquidation. Mr. Manoj Kumar Anand was named as the Liquidator by the COC and consented to act as such.
The 270 days of the…
A resolution was passed deciding that the…