The case involves an application filed by the liquidator of Rotomac Exports Private Limited, seeking an extension of the liquidation period. The Corporate Insolvency Resolution Process (CIRP) was initiated against Rotomac Exports Private Limited, and the applicant was appointed as the Interim Resolution Professional and later as the Resolution Professional. Due to the resolution of the Corporate Debtor not being achieved, a Liquidation Order was passed. The CBI seized the books of accounts, files, and documents of the Corporate Debtor in relation to an FIR, hindering the liquidator's ability to identify new assets or transactions. The applicant conducted auctions for the sale of the assets. The applicant filed applications before the Tribunal, which were pending and
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Rotomac Exports Private Limited. Anil Goel was appointed as the Interim Resolution Professional and later as the Resolution Professional. The resolution of the Corporate Debtor could not be achieved, leading to a Liquidation Order being passed on 2018-03-23. The CBI seized the books of accounts, files, and documents of the Corporate Debtor in relation to an FIR dated 2018-02-18, hindering the liquidator's ability to identify new assets or transactions. The liquidator conducted six auctions for the sale of the assets. The liquidator filed applications before the Tribunal, which were pending. The liquidator sought an extension of the liquidation period by one year beyond 2020-03-23. The COVID-19
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Corporate Insolvency Resolution Process…
Anil Goel appo…
The case involves an application filed by the liquidator of Rotomac Exports Private Limited, seeking an extension of the liquidation period. The Corporate Insolvency Resolution Process (CIRP) was initiated against Rotomac Exports Private Limited, and the applicant was appointed as the Interim Resolution Professional and later as the Resolution Professional. Due to the resolution of the Corporate Debtor not being achieved, a Liquidation Order was passed. The CBI seized the books of accounts, files, and documents of the Corporate Debtor in relation to an FIR, hindering the liquidator's ability to identify new assets or transactions. The applicant conducted auctions for the sale of the assets. The applicant filed applications before the Tribunal, which were pending and
…The Corporate Insolvency Resolution Process (CIRP) was initiated against Rotomac Exports Private Limited. Anil Goel was appointed as the Interim Resolution Professional and later as the Resolution Professional. The resolution of the Corporate Debtor could not be achieved, leading to a Liquidation Order being passed on 2018-03-23. The CBI seized the books of accounts, files, and documents of the Corporate Debtor in relation to an FIR dated 2018-02-18, hindering the liquidator's ability to identify new assets or transactions. The liquidator conducted six auctions for the sale of the assets. The liquidator filed applications before the Tribunal, which were pending. The liquidator sought an extension of the liquidation period by one year beyond 2020-03-23. The COVID-19
…Corporate Insolvency Resolution Process…
Anil Goel appo…