The case involves an application regarding preferential transactions and cash payments made to RNT Distributors Pvt. Ltd. The application was filed before the liquidator was appointed. Subsequently, Mr. Ravi Shankar Devarkonda took over the liquidation of the company, replacing the earlier Resolution Professional (RP). The respondent contends that all pending dues have been paid to the undertaking, and reconciliation of accounts is underway.
The Resolution Professional (RP) has raised concerns about preferential transactions and cash payments made to RNT Distributors Pvt. Ltd. An application was filed before the appointment of the liquidator. Mr. Ravi Shankar Devarkonda has replaced the previous RP and is now overseeing the liquidation. The respondent claims that all pending dues have been settled and that a reconciliation of accounts is in progress. The court is seeking to determine whether any preferential transactions or cash payments were made to the respondent.
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The case involves an application regarding preferential transactions and cash payments made to RNT Distributors Pvt. Ltd. The application was filed before the liquidator was appointed. Subsequently, Mr. Ravi Shankar Devarkonda took over the liquidation of the company, replacing the earlier Resolution Professional (RP). The respondent contends that all pending dues have been paid to the undertaking, and reconciliation of accounts is underway.
The Resolution Professional (RP) has raised concerns about preferential transactions and cash payments made to RNT Distributors Pvt. Ltd. An application was filed before the appointment of the liquidator. Mr. Ravi Shankar Devarkonda has replaced the previous RP and is now overseeing the liquidation. The respondent claims that all pending dues have been settled and that a reconciliation of accounts is in progress. The court is seeking to determine whether any preferential transactions or cash payments were made to the respondent.
Hearing of Mumbai Bench…
Matter listed for…
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