The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against M/s. LCS City Makers Private Limited. The CIRP was initiated on 20.04.2018. Mr. S.R. Krishnan was appointed as the Resolution Professional. The Committee of Creditors (CoCs) in its meeting held on 28.05.2018, unanimously approved the appointment of Mr. S.R. Krishnan as the Resolution Professional. After exploring various possibilities, the CoCs in its 4th meeting held on 23.07.2018, decided to liquidate the Corporate Debtor.
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. LCS City Makers Private Limited with effect from 20.04.2018. Mr. S.R. Krishnan was appointed as the Resolution Professional. The Committee of Creditors (CoCs) approved the appointment of Mr. S.R. Krishnan as the Resolution Professional. The CoCs, after exploring various possibilities, decided in its 4th meeting held on 23.07.2018 to liquidate the Corporate Debtor. The Resolution Professional filed MA/300/2018 in CP/200/(IB)/2018 seeking an order for liquidation. The Adjudicating Authority admitted CP/200/(IB)/2017 and declared a moratorium on 20.04.2018. The relevance of these facts is that they establish the sequence of events leading to the liquidation order and the basis for the
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Corporate Insolvency Resolution Process (CIRP)…
Moratorium was…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) initiated against M/s. LCS City Makers Private Limited. The CIRP was initiated on 20.04.2018. Mr. S.R. Krishnan was appointed as the Resolution Professional. The Committee of Creditors (CoCs) in its meeting held on 28.05.2018, unanimously approved the appointment of Mr. S.R. Krishnan as the Resolution Professional. After exploring various possibilities, the CoCs in its 4th meeting held on 23.07.2018, decided to liquidate the Corporate Debtor.
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. LCS City Makers Private Limited with effect from 20.04.2018. Mr. S.R. Krishnan was appointed as the Resolution Professional. The Committee of Creditors (CoCs) approved the appointment of Mr. S.R. Krishnan as the Resolution Professional. The CoCs, after exploring various possibilities, decided in its 4th meeting held on 23.07.2018 to liquidate the Corporate Debtor. The Resolution Professional filed MA/300/2018 in CP/200/(IB)/2018 seeking an order for liquidation. The Adjudicating Authority admitted CP/200/(IB)/2017 and declared a moratorium on 20.04.2018. The relevance of these facts is that they establish the sequence of events leading to the liquidation order and the basis for the
…Corporate Insolvency Resolution Process (CIRP)…
Moratorium was…