The application was filed under Section 33 of the IBC 2016 read with Regulation 3 of the Insolvency & Bankruptcy Board of India (Liquidation process) Regulation 2016, seeking a direction to liquidate M/s Getit Grocery Pvt. Ltd. The application also sought the appointment of the RP as the Liquidator for the purpose of liquidation of the Corporate Debtor. The application is supported by a resolution passed by the COC comprised of the operational creditor, as there was no financial creditor of the company. The petition under Section 9 was admitted on 2018-01-08, and the CoC, in its third meeting dated 2018-05-10 during the CIRP process, passed a resolution recommending liquidation of the company by 100% vote sharing. The directors have tendered their resignation on
…Innovsource Pvt. Ltd. filed an application under Section 33 of the IBC 2016 read with Regulation 3 of the Insolvency & Bankruptcy Board of India (Liquidation process) Regulation 2016, seeking a direction to liquidate Getit Grocery Pvt. Ltd. The application also sought the appointment of the RP as the Liquidator. The application was supported by a resolution passed by the COC comprised of the operational creditor, as there was no financial creditor of the company. The petition under Section 9 was admitted on 2018-01-08, and the CoC, in its third meeting dated 2018-05-10 during the CIRP process, passed a resolution recommending liquidation of the company by 100% vote sharing. The directors have tendered their resignation on 2016-08-17. The court noted that there were
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The petition under…
The application was filed under Section 33 of the IBC 2016 read with Regulation 3 of the Insolvency & Bankruptcy Board of India (Liquidation process) Regulation 2016, seeking a direction to liquidate M/s Getit Grocery Pvt. Ltd. The application also sought the appointment of the RP as the Liquidator for the purpose of liquidation of the Corporate Debtor. The application is supported by a resolution passed by the COC comprised of the operational creditor, as there was no financial creditor of the company. The petition under Section 9 was admitted on 2018-01-08, and the CoC, in its third meeting dated 2018-05-10 during the CIRP process, passed a resolution recommending liquidation of the company by 100% vote sharing. The directors have tendered their resignation on
…Innovsource Pvt. Ltd. filed an application under Section 33 of the IBC 2016 read with Regulation 3 of the Insolvency & Bankruptcy Board of India (Liquidation process) Regulation 2016, seeking a direction to liquidate Getit Grocery Pvt. Ltd. The application also sought the appointment of the RP as the Liquidator. The application was supported by a resolution passed by the COC comprised of the operational creditor, as there was no financial creditor of the company. The petition under Section 9 was admitted on 2018-01-08, and the CoC, in its third meeting dated 2018-05-10 during the CIRP process, passed a resolution recommending liquidation of the company by 100% vote sharing. The directors have tendered their resignation on 2016-08-17. The court noted that there were
…The directors of the…
The petition under…