The case pertains to CA 1623/2019 filed under Section 33(2) of the IBC Code. The resolution to move for liquidation was taken in a meeting on October 19, 2019, and was approved by Ford Credit, holding more than 90% of the voting power. Ford Credit Private Limited, a major Financial Creditor, has not finalized the name of any Liquidator and leaves the appointment to the discretion of the Bench.
A resolution to move for liquidation was taken on October 19, 2019, and approved by Ford Credit, which holds over 90% of the voting power. Ford Credit Private Limited, a major Financial Creditor, has not finalized the name of any Liquidator. CA 1623/2019 was filed under Section 33(2) of the IBC Code. CA 1094/2019 has been addressed and become infructuous. CA 1095/2019 has been filed against the Ex-Directors for non-cooperation, and NBW have been issued against Mr. Girish Bhatia and Mr. Manish Jain.
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The case pertains to CA 1623/2019 filed under Section 33(2) of the IBC Code. The resolution to move for liquidation was taken in a meeting on October 19, 2019, and was approved by Ford Credit, holding more than 90% of the voting power. Ford Credit Private Limited, a major Financial Creditor, has not finalized the name of any Liquidator and leaves the appointment to the discretion of the Bench.
A resolution to move for liquidation was taken on October 19, 2019, and approved by Ford Credit, which holds over 90% of the voting power. Ford Credit Private Limited, a major Financial Creditor, has not finalized the name of any Liquidator. CA 1623/2019 was filed under Section 33(2) of the IBC Code. CA 1094/2019 has been addressed and become infructuous. CA 1095/2019 has been filed against the Ex-Directors for non-cooperation, and NBW have been issued against Mr. Girish Bhatia and Mr. Manish Jain.
Resolution to…
Hearing before the…
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