The case involves a resolution regarding the appointment of a liquidator for M/s. Regal Metal & Ferro Alloys V/s. M/s. SPM Auto Pvt. Ltd. The Committee of Creditors (COC) recommended Mr. Vijender Sharma as the liquidator. The resolution of the financial claimant, holding 73% of the total claim value, has been placed on record. Consent from SIDBI and Mahindra and Mahindra, along with other financial claimants, has also been received.
The Committee of Creditors (COC) recommended Mr. Vijender Sharma to continue as a liquidator. A resolution from a financial claimant holding 73% of the total claim value was placed on record. SIDBI and Mahindra and Mahindra, along with other financial claimants, consented to the appointment. Mr. Vijender Sharma was proposed as the liquidator and was present in court. CA 617 and 618 were disposed of. The company involved is M/s. Regal Metal & Ferro Alloys V/s. M/s. SPM Auto Pvt. Ltd.
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The case involves a resolution regarding the appointment of a liquidator for M/s. Regal Metal & Ferro Alloys V/s. M/s. SPM Auto Pvt. Ltd. The Committee of Creditors (COC) recommended Mr. Vijender Sharma as the liquidator. The resolution of the financial claimant, holding 73% of the total claim value, has been placed on record. Consent from SIDBI and Mahindra and Mahindra, along with other financial claimants, has also been received.
The Committee of Creditors (COC) recommended Mr. Vijender Sharma to continue as a liquidator. A resolution from a financial claimant holding 73% of the total claim value was placed on record. SIDBI and Mahindra and Mahindra, along with other financial claimants, consented to the appointment. Mr. Vijender Sharma was proposed as the liquidator and was present in court. CA 617 and 618 were disposed of. The company involved is M/s. Regal Metal & Ferro Alloys V/s. M/s. SPM Auto Pvt. Ltd.
Hearing before the New…
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