M/s Star India Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against M/s Sanny Digital Communications Private Limited for default in payment of an operational debt. The NCLT, Hyderabad Bench admitted the petition on 2019-02-26 and appointed an Interim Resolution Professional (IRP). The matter was transferred to the Amaravati Bench. The Amaravati Bench directed liquidation of the Corporate Debtor on 2019-11-26 and appointed a Liquidator. The Liquidator found no books of accounts or audited accounts. The Corporate Debtor had no assets or recorded liabilities. The operational creditor was the sole member of the Committee of Creditors (CoC). The CoC fixed the liquidator's remuneration but did not approve the estimated liquidation cost. There was

M/s Star India Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against M/s Sanny Digital Communications Private Limited for default in payment of an operational debt. The NCLT, Hyderabad Bench admitted the petition on 2019-02-26 and appointed an Interim Resolution Professional (IRP). The matter was transferred to the Amaravati Bench. The Amaravati Bench directed liquidation of the Corporate Debtor on 2019-11-26 and appointed a Liquidator. The Liquidator found no books of accounts or audited accounts. The Corporate Debtor had no assets or recorded liabilities. The operational creditor was the sole member of the Committee of Creditors (CoC). The CoC fixed the liquidator's remuneration but did not approve the estimated liquidation cost. There was