The case involves I.A.No.596/2019 in C.P.(IB)No.206/BB/2018, filed by the Resolution Professional, Shri Venkataraman Jayagopal, seeking to liquidate the Corporate Debtor as per the provisions of the Code, based on a decision by the Committee of Creditors (CoC). The CoC held a meeting on November 11, 2019, under Section 33(2) of the Code, to issue a public announcement stating that the Corporate Debtor is in liquidation.
The Resolution Professional, Shri Venkataraman Jayagopal, filed I.A.No.596/2019 in C.P.(IB)No.206/BB/2018 seeking liquidation of the Corporate Debtor, M/s Glopore IM Services Pvt Ltd, under Regulation 33(2) read with Section 60(5) of the IBC, 2016. This application was based on the decision taken by the Committee of Creditors (CoC) during their meeting on November 11, 2019, under Section 33(2) of the Code, for a public announcement stating that the Corporate Debtor is in liquidation. The court noted that the CoC had not yet decided to appoint the Resolution Professional as the Liquidator. Shri K. Krishnappa appeared as learned Standing Counsel for ESIC.
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Committee of Creditors (CoC) meeting held under…
Hearing of National…
The case involves I.A.No.596/2019 in C.P.(IB)No.206/BB/2018, filed by the Resolution Professional, Shri Venkataraman Jayagopal, seeking to liquidate the Corporate Debtor as per the provisions of the Code, based on a decision by the Committee of Creditors (CoC). The CoC held a meeting on November 11, 2019, under Section 33(2) of the Code, to issue a public announcement stating that the Corporate Debtor is in liquidation.
The Resolution Professional, Shri Venkataraman Jayagopal, filed I.A.No.596/2019 in C.P.(IB)No.206/BB/2018 seeking liquidation of the Corporate Debtor, M/s Glopore IM Services Pvt Ltd, under Regulation 33(2) read with Section 60(5) of the IBC, 2016. This application was based on the decision taken by the Committee of Creditors (CoC) during their meeting on November 11, 2019, under Section 33(2) of the Code, for a public announcement stating that the Corporate Debtor is in liquidation. The court noted that the CoC had not yet decided to appoint the Resolution Professional as the Liquidator. Shri K. Krishnappa appeared as learned Standing Counsel for ESIC.
Committee of Creditors (CoC) meeting held under…
Hearing of National…