The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s Emsons Organics Ltd. (Corporate Debtor) by Parmod Sharma, an Operational Creditor. The petition was admitted, and after an Interim Resolution Professional (Dr Tarun Goel) was appointed, Mr. Prem Chand Goyal was appointed as the Resolution Professional. As no resolution plan was received, the Corporate Debtor was ordered into liquidation, with Mr. Prem Chand Goyal appointed as the Liquidator.
The present application (IA(IBC)/199(CH)2022) was filed by Mr. Prem Chand Goyal, Liquidator of M/s Emsons Organics Limited, under Section 54 of the IBC, 2016, seeking dissolution of the Corporate Debtor.
The main Company Petition (CP(IB) No.153/Chd/Pb/2019) was filed by Parmod Sharma, an Operational Creditor, under Section 9 of the Code, seeking initiation of CIRP against M/s Emsons Organics Ltd.
The Company Petition was admitted by the Adjudicating Authority on 27.09.2019, and Dr Tarun Goel was appointed as the Interim Resolution Professional (IRP).
Pursuant to the Committee of Creditors' decision on 30.10.2019, Mr. Prem Chand Goyal was appointed as the Resolution Professional (RP) on 18.11.2019.
No resolution plan was received during the CIRP period.
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The main Company Petition was admitted, and Dr…
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The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s Emsons Organics Ltd. (Corporate Debtor) by Parmod Sharma, an Operational Creditor. The petition was admitted, and after an Interim Resolution Professional (Dr Tarun Goel) was appointed, Mr. Prem Chand Goyal was appointed as the Resolution Professional. As no resolution plan was received, the Corporate Debtor was ordered into liquidation, with Mr. Prem Chand Goyal appointed as the Liquidator.
The present application (IA(IBC)/199(CH)2022) was filed by Mr. Prem Chand Goyal, Liquidator of M/s Emsons Organics Limited, under Section 54 of the IBC, 2016, seeking dissolution of the Corporate Debtor.
The main Company Petition (CP(IB) No.153/Chd/Pb/2019) was filed by Parmod Sharma, an Operational Creditor, under Section 9 of the Code, seeking initiation of CIRP against M/s Emsons Organics Ltd.
The Company Petition was admitted by the Adjudicating Authority on 27.09.2019, and Dr Tarun Goel was appointed as the Interim Resolution Professional (IRP).
Pursuant to the Committee of Creditors' decision on 30.10.2019, Mr. Prem Chand Goyal was appointed as the Resolution Professional (RP) on 18.11.2019.
No resolution plan was received during the CIRP period.
…The main Company Petition was admitted, and Dr…
The first meeting of…