The National Company Law Tribunal (NCLT), Division Bench – II, Chennai, received an application, IA/398/CHE/2022, filed by Mr. L.V. Shyam Sundar, the Liquidator of Shapre Infotech India Limited. The application was filed under Section 54 of the Insolvency and Bankruptcy Code, 2016 (IBC), seeking orders for the dissolution of the Corporate Debtor. The NCLT had previously initiated the Corporate Insolvency Resolution Process (CIRP) against Shapre Infotech India Limited on October 25, 2019, and appointed Mr. L.V. Shyam Sundar as the Interim Resolution Professional (IRP). A public announcement regarding the CIRP was made on October 29, 2019.

The National Company Law Tribunal (NCLT), Division Bench – II, Chennai, received an application, IA/398/CHE/2022, filed by Mr. L.V. Shyam Sundar, the Liquidator of Shapre Infotech India Limited. The application was filed under Section 54 of the Insolvency and Bankruptcy Code, 2016 (IBC), seeking orders for the dissolution of the Corporate Debtor. The NCLT had previously initiated the Corporate Insolvency Resolution Process (CIRP) against Shapre Infotech India Limited on October 25, 2019, and appointed Mr. L.V. Shyam Sundar as the Interim Resolution Professional (IRP). A public announcement regarding the CIRP was made on October 29, 2019.