The application IA(IBC)/1721(CH)2025 was filed by Bank of India on behalf of the SCC seeking the replacement of the current Liquidator, Mr. Kanwal Goyal.
Bank of India filed an application on behalf of the SCC to replace the current Liquidator, Mr. Kanwal Goyal.
Mr. Kanwal Goyal, the current Liquidator, tendered his resignation due to age and health concerns.
The 18th SCC Meeting resolved to replace Mr. Kanwal Goyal with Mr. Mohit Chawla.
RARE ARC, to whom SBI had assigned its debt, consented to the replacement of the Liquidator.
The voting percentages of the SCC members are: Bank of India (58.39%), SBI (34.90%), and Punjab National Bank (PNB) (6.71%).
Mr. Mohit Chawla's consent form, Valid AFA and Registration Certificate were annexed as Annexure A-3 with the Application.
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Mr. Kanwal Goyal…
The 18th SCC Meeting was held, where it was…
The application IA(IBC)/1721(CH)2025 was filed by Bank of India on behalf of the SCC seeking the replacement of the current Liquidator, Mr. Kanwal Goyal.
Bank of India filed an application on behalf of the SCC to replace the current Liquidator, Mr. Kanwal Goyal.
Mr. Kanwal Goyal, the current Liquidator, tendered his resignation due to age and health concerns.
The 18th SCC Meeting resolved to replace Mr. Kanwal Goyal with Mr. Mohit Chawla.
RARE ARC, to whom SBI had assigned its debt, consented to the replacement of the Liquidator.
The voting percentages of the SCC members are: Bank of India (58.39%), SBI (34.90%), and Punjab National Bank (PNB) (6.71%).
Mr. Mohit Chawla's consent form, Valid AFA and Registration Certificate were annexed as Annexure A-3 with the Application.
Mr. Kanwal Goyal…
The 18th SCC Meeting was held, where it was…