The case involves multiple applications (IA Nos. 2639/MB/2019, 2641/MB/2019, 2642/2019, 2643/MB/2019, 2648/2019, and 2216/2020) filed in connection with a Corporate Insolvency Resolution Process (CIRP) against Maxx Mobile Communications Ltd. The applications primarily concern the withdrawal of attachment notices issued by various authorities (Income Tax Department, Sales Tax Department, and Customs Department) on the assets of the Corporate Debtor. The Corporate Debtor was subsequently ordered to be liquidated, and the company has been sold as a going concern in the liquidation process. The Resolution Professional, Ashok Kumar Dewan, filed these applications seeking directions to withdraw the attachments and handover the assets to the Liquidator.
Edelweiss Asset Reconstruction Company Ltd. initiated Corporate Insolvency Resolution Process (CIRP) against Maxx Mobile Communications Ltd. Ashok Kumar Dewan was appointed as the Resolution Professional. During the CIRP, various authorities, including the Assistant Commissioner of Income Tax, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, Deputy Commissioner of Sales Tax, and the Commissioner of Customs, issued attachment notices on the assets of Maxx Mobile Communications Ltd. The Resolution Professional filed multiple applications (IA Nos. 2639/MB/2019, 2641/MB/2019, 2642/2019, 2643/MB/2019, 2648/2019, and 2216/2020) seeking the withdrawal of these attachment notices. The Corporate Debtor was subsequently ordered to be liquidated by an order dated 2019-08-21. The
…Sign in to view the parties.
Respondent No. 1 issued…
Respondent No. 1 issued…
Sign in to view related legal provisions.
The case involves multiple applications (IA Nos. 2639/MB/2019, 2641/MB/2019, 2642/2019, 2643/MB/2019, 2648/2019, and 2216/2020) filed in connection with a Corporate Insolvency Resolution Process (CIRP) against Maxx Mobile Communications Ltd. The applications primarily concern the withdrawal of attachment notices issued by various authorities (Income Tax Department, Sales Tax Department, and Customs Department) on the assets of the Corporate Debtor. The Corporate Debtor was subsequently ordered to be liquidated, and the company has been sold as a going concern in the liquidation process. The Resolution Professional, Ashok Kumar Dewan, filed these applications seeking directions to withdraw the attachments and handover the assets to the Liquidator.
Edelweiss Asset Reconstruction Company Ltd. initiated Corporate Insolvency Resolution Process (CIRP) against Maxx Mobile Communications Ltd. Ashok Kumar Dewan was appointed as the Resolution Professional. During the CIRP, various authorities, including the Assistant Commissioner of Income Tax, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, Deputy Commissioner of Sales Tax, and the Commissioner of Customs, issued attachment notices on the assets of Maxx Mobile Communications Ltd. The Resolution Professional filed multiple applications (IA Nos. 2639/MB/2019, 2641/MB/2019, 2642/2019, 2643/MB/2019, 2648/2019, and 2216/2020) seeking the withdrawal of these attachment notices. The Corporate Debtor was subsequently ordered to be liquidated by an order dated 2019-08-21. The
…Respondent No. 1 issued…
Respondent No. 1 issued…
Sign in to view related legal provisions.