The case involves an application (MA/484/2019) in connection with a corporate insolvency resolution process (CP/762/IB/2018). The Resolution Professional (RP) is present with counsel, and it is stated that notice has been sent to stakeholders. Arjun Chemicals Ltd. has filed an objection. Representatives from the Assistant Commissioner of Commercial Taxes (ST) II and the Employees State Insurance Corporation are present, as is counsel for the Income Tax Department, who requested time to file objections. The RP is directed to send relevant papers to counsel for the Income Tax Department. Certain stakeholders were served notices but were absent and were proceeded against ex parte.
The Resolution Professional (RP) for the corporate debtor, Arumugam Arumugam RP, is present with counsel. Notice was sent to stakeholders as per the list in the application. Arjun Chemicals Ltd. filed an objection. Representatives from the Assistant Commissioner of Commercial Taxes (ST) II and the Employees State Insurance Corporation are present. Counsel for the Income Tax Department is present and requested time to file objections. The court directed the Income Tax Department to file objections by the next hearing date. The Resolution Professional was instructed to provide relevant documents to the Income Tax Department's counsel. Stakeholders A. Subramaniam, K. Nataraj, TANGEDCO, Thalayuthu Panchayat, and the Pollution Control Board were served notices but were
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Corporate Ins…
Hearing held at 10:30 AM. Resolution…
The case involves an application (MA/484/2019) in connection with a corporate insolvency resolution process (CP/762/IB/2018). The Resolution Professional (RP) is present with counsel, and it is stated that notice has been sent to stakeholders. Arjun Chemicals Ltd. has filed an objection. Representatives from the Assistant Commissioner of Commercial Taxes (ST) II and the Employees State Insurance Corporation are present, as is counsel for the Income Tax Department, who requested time to file objections. The RP is directed to send relevant papers to counsel for the Income Tax Department. Certain stakeholders were served notices but were absent and were proceeded against ex parte.
The Resolution Professional (RP) for the corporate debtor, Arumugam Arumugam RP, is present with counsel. Notice was sent to stakeholders as per the list in the application. Arjun Chemicals Ltd. filed an objection. Representatives from the Assistant Commissioner of Commercial Taxes (ST) II and the Employees State Insurance Corporation are present. Counsel for the Income Tax Department is present and requested time to file objections. The court directed the Income Tax Department to file objections by the next hearing date. The Resolution Professional was instructed to provide relevant documents to the Income Tax Department's counsel. Stakeholders A. Subramaniam, K. Nataraj, TANGEDCO, Thalayuthu Panchayat, and the Pollution Control Board were served notices but were
…Corporate Ins…
Hearing held at 10:30 AM. Resolution…