The case involves M/s. Captain Offset Printers V/s. M/s. Compacts Lamps Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi Bench. The matter pertains to Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The Corporate Debtor's counsel prepared details of sundry debtors, but it was only partial compliance. The Resolution Professional (RP) sought disposal of CA-1373/19 under Section 33(1)(A) of the Code. No resolution plan was received, and an expression of interest was withdrawn. The Corporate Insolvency Resolution (CIR) period expired, leading to consideration of liquidation.
M/s. Captain Offset Printers initiated a case against M/s. Compacts Lamps Pvt. Ltd. under Section 9 of the IBC, 2016. The Corporate Debtor's counsel provided details of sundry debtors, but it was deemed only partial compliance. The Resolution Professional (RP) filed CA-1373/19 seeking disposal under Section 33(1)(A) of the Code. No resolution plan was received; only an expression of interest had been submitted and subsequently withdrawn. The CIR period had expired. There was no reconciliation of accounts with EESL. Ms. Deepika Prasad Bhugra was the RP. Mr. Vikas Sharma appeared as the Statutory Auditor/R-4. The CoC approved the RP's fees.
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The case involves M/s. Captain Offset Printers V/s. M/s. Compacts Lamps Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi Bench. The matter pertains to Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The Corporate Debtor's counsel prepared details of sundry debtors, but it was only partial compliance. The Resolution Professional (RP) sought disposal of CA-1373/19 under Section 33(1)(A) of the Code. No resolution plan was received, and an expression of interest was withdrawn. The Corporate Insolvency Resolution (CIR) period expired, leading to consideration of liquidation.
M/s. Captain Offset Printers initiated a case against M/s. Compacts Lamps Pvt. Ltd. under Section 9 of the IBC, 2016. The Corporate Debtor's counsel provided details of sundry debtors, but it was deemed only partial compliance. The Resolution Professional (RP) filed CA-1373/19 seeking disposal under Section 33(1)(A) of the Code. No resolution plan was received; only an expression of interest had been submitted and subsequently withdrawn. The CIR period had expired. There was no reconciliation of accounts with EESL. Ms. Deepika Prasad Bhugra was the RP. Mr. Vikas Sharma appeared as the Statutory Auditor/R-4. The CoC approved the RP's fees.
Hearing before the New…
Scheduled date…
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