The case pertains to IA No.1203/2020 in CP (IB) No.354/9/HDB/2018 filed under Section 54 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking an order for the dissolution of the Corporate Debtor, M/s. Ceeyes Software Technologies Pvt Ltd. The CIRP was initiated by M/s. Touchstone Consultants (Operational Creditor) under Section 9 of the IBC, 2016. The Adjudicating Authority admitted the application on 13.02.2019 and appointed an Interim Resolution Professional (IRP), who was later confirmed as Resolution Professional (RP) by the Committee of Creditors (CoC).
M/s. Ceeyes Software Technologies Private Limited underwent Corporate Insolvency Resolution Process (CIRP) initiated by M/s. Touchstone Consultants, an operational creditor, under Section 9 of the IBC, 2016. The Adjudicating Authority admitted the application on 13.02.2019. Mr. Ram Murthy Kommera was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Due to the absence of a resolution plan, the Committee of Creditors (CoC) resolved to liquidate the Corporate Debtor on 14.06.2019. The Adjudicating Authority ordered liquidation on 29.11.2019, appointing Mr. Kommera as the Liquidator. The Liquidator made a public announcement inviting claims, receiving only one claim from M/s. Touchstones Consultants for Rs.
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The case pertains to IA No.1203/2020 in CP (IB) No.354/9/HDB/2018 filed under Section 54 of the Insolvency and Bankruptcy Code (IBC), 2016, seeking an order for the dissolution of the Corporate Debtor, M/s. Ceeyes Software Technologies Pvt Ltd. The CIRP was initiated by M/s. Touchstone Consultants (Operational Creditor) under Section 9 of the IBC, 2016. The Adjudicating Authority admitted the application on 13.02.2019 and appointed an Interim Resolution Professional (IRP), who was later confirmed as Resolution Professional (RP) by the Committee of Creditors (CoC).
M/s. Ceeyes Software Technologies Private Limited underwent Corporate Insolvency Resolution Process (CIRP) initiated by M/s. Touchstone Consultants, an operational creditor, under Section 9 of the IBC, 2016. The Adjudicating Authority admitted the application on 13.02.2019. Mr. Ram Murthy Kommera was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). Due to the absence of a resolution plan, the Committee of Creditors (CoC) resolved to liquidate the Corporate Debtor on 14.06.2019. The Adjudicating Authority ordered liquidation on 29.11.2019, appointing Mr. Kommera as the Liquidator. The Liquidator made a public announcement inviting claims, receiving only one claim from M/s. Touchstones Consultants for Rs.
…Adjudicating Authority admitted the…
The CoC in its 4th…
Sign in to view related legal provisions.