The case involves an application filed by the Resolution Professional (RP) for the initiation of liquidation proceedings. The Committee of Creditors (COC) recommended the liquidation in a meeting held on January 31, 2018.
The Resolution Professional (RP) filed an application seeking the initiation of liquidation proceedings for M/s Globe Express Services (Oversees Group) Ltd. & Anr. Vs. M/s M.M. Cargo Container Line Pvt. Ltd. & Ors. The Committee of Creditors (COC) had recommended liquidation in a meeting held on January 31, 2018. The court considered the RP's submissions and appointed the RP as the liquidator, directing him to take necessary steps to liquidate the company's assets. The court scheduled a hearing for the filing of the first report on May 7, 2018. The case is under Section 8 & 9 of IBC, 2016.
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The Committee of…
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The case involves an application filed by the Resolution Professional (RP) for the initiation of liquidation proceedings. The Committee of Creditors (COC) recommended the liquidation in a meeting held on January 31, 2018.
The Resolution Professional (RP) filed an application seeking the initiation of liquidation proceedings for M/s Globe Express Services (Oversees Group) Ltd. & Anr. Vs. M/s M.M. Cargo Container Line Pvt. Ltd. & Ors. The Committee of Creditors (COC) had recommended liquidation in a meeting held on January 31, 2018. The court considered the RP's submissions and appointed the RP as the liquidator, directing him to take necessary steps to liquidate the company's assets. The court scheduled a hearing for the filing of the first report on May 7, 2018. The case is under Section 8 & 9 of IBC, 2016.
The Committee of…
Hearing before the New…