The case involves an application (IA No. 322/JPR/2019) filed by the former Resolution Professional (RP) in Corporate Insolvency Resolution Process (CIRP) No. IB-601(ND)/2018, TA No. 69/2018, seeking the replacement of the current Liquidator, Mr. Suresh Chand Garg, with Sh. Satyendra Prasad Khorania. The applicant argues that the Tribunal had previously ordered liquidation in IA No. 117/JPR/2019 on 18.09.2019, appointing Mr. Suresh Chand Garg as the Liquidator. However, the Committee of Creditors (CoC) had approved Sh. Satyendra Prasad Khorania as the Liquidator.
The former Resolution Professional (RP) filed an IA seeking the replacement of the current Liquidator, Mr. Suresh Chand Garg, with Sh. Satyendra Prasad Khorania. The Corporate Insolvency Resolution Process (CIRP) number is IB-601(ND)/2018, and TA No. is 69/2018. The Tribunal had previously ordered liquidation in IA No. 117/JPR/2019 on 18.09.2019, appointing Mr. Suresh Chand Garg as the Liquidator. The Committee of Creditors (CoC) approved Sh. Satyendra Prasad Khorania as the Liquidator. The applicant's argument is based on the CoC's approval of Sh. Satyendra Prasad Khorania. The registration number of Sh. Satyendra Prasad Khorania is IBBI/IPA-002/IP-N0002/2016-17/10002.
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Corporate Insolvency Resolution Process (CIRP)…
Tribunal ordered liquidation in IA No.…
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The case involves an application (IA No. 322/JPR/2019) filed by the former Resolution Professional (RP) in Corporate Insolvency Resolution Process (CIRP) No. IB-601(ND)/2018, TA No. 69/2018, seeking the replacement of the current Liquidator, Mr. Suresh Chand Garg, with Sh. Satyendra Prasad Khorania. The applicant argues that the Tribunal had previously ordered liquidation in IA No. 117/JPR/2019 on 18.09.2019, appointing Mr. Suresh Chand Garg as the Liquidator. However, the Committee of Creditors (CoC) had approved Sh. Satyendra Prasad Khorania as the Liquidator.
The former Resolution Professional (RP) filed an IA seeking the replacement of the current Liquidator, Mr. Suresh Chand Garg, with Sh. Satyendra Prasad Khorania. The Corporate Insolvency Resolution Process (CIRP) number is IB-601(ND)/2018, and TA No. is 69/2018. The Tribunal had previously ordered liquidation in IA No. 117/JPR/2019 on 18.09.2019, appointing Mr. Suresh Chand Garg as the Liquidator. The Committee of Creditors (CoC) approved Sh. Satyendra Prasad Khorania as the Liquidator. The applicant's argument is based on the CoC's approval of Sh. Satyendra Prasad Khorania. The registration number of Sh. Satyendra Prasad Khorania is IBBI/IPA-002/IP-N0002/2016-17/10002.
Corporate Insolvency Resolution Process (CIRP)…
Tribunal ordered liquidation in IA No.…
Sign in to view related legal provisions.