The case involves applications MA-1101/2019 and MA-1701/2019 before the National Company Law Tribunal (NCLT), Mumbai Bench. MA-1101/2019 is an application by the Ex-IRP regarding outstanding invoices. MA-1709/2019 seeks an order under section 33(1) of the I&B Code for liquidation, as the Committee of Creditors (COC) decided to liquidate the assets due to a lack of resolution plans.
Archit Kaushal filed a case against Ex-Servicemans Multipurpose Services India Pvt Ltd. The case involves two applications: MA-1101/2019, filed by the Ex-IRP, concerning outstanding invoices amounting to Rs. 1,52,000 for the period 04.06.2018 to 13.07.2018. The RP is directed to issue a cheque of Rupees One Lakh to settle the issue. MA-1709/2019 seeks an order under section 33(1) of the I&B Code for liquidation. The COC, in a meeting held on 26.04.2019, resolved to liquidate the assets of the debtor company due to the absence of resolution plans following two EOIs dated 12.01.2019 and 09.02.2019. The RP, Mr. Rajeev Bal Sawangikar, consented to work as a Liquidator. The Ex-Promoter Director placed an affidavit in reply to the show cause notice dated 01.04.2019. The
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Show Cause issued vide Order dated 01.04.2019.…
COC Meeting held on…
The case involves applications MA-1101/2019 and MA-1701/2019 before the National Company Law Tribunal (NCLT), Mumbai Bench. MA-1101/2019 is an application by the Ex-IRP regarding outstanding invoices. MA-1709/2019 seeks an order under section 33(1) of the I&B Code for liquidation, as the Committee of Creditors (COC) decided to liquidate the assets due to a lack of resolution plans.
Archit Kaushal filed a case against Ex-Servicemans Multipurpose Services India Pvt Ltd. The case involves two applications: MA-1101/2019, filed by the Ex-IRP, concerning outstanding invoices amounting to Rs. 1,52,000 for the period 04.06.2018 to 13.07.2018. The RP is directed to issue a cheque of Rupees One Lakh to settle the issue. MA-1709/2019 seeks an order under section 33(1) of the I&B Code for liquidation. The COC, in a meeting held on 26.04.2019, resolved to liquidate the assets of the debtor company due to the absence of resolution plans following two EOIs dated 12.01.2019 and 09.02.2019. The RP, Mr. Rajeev Bal Sawangikar, consented to work as a Liquidator. The Ex-Promoter Director placed an affidavit in reply to the show cause notice dated 01.04.2019. The
…Show Cause issued vide Order dated 01.04.2019.…
COC Meeting held on…