The case involves an application seeking permission for the replacement of the existing liquidator due to health issues (blood pressure and anxiety). The liquidation process had been initiated on 2019-09-03. The liquidator's ill health was adversely affecting the liquidation of the Corporate Debtor.
The existing liquidator sought permission for replacement due to health issues, specifically blood pressure and anxiety. The liquidation process had commenced on 2019-09-03. The liquidator's health was affecting the liquidation of the Corporate Debtor. The court accepted the liquidator's request and appointed Mr. Anil Kapoor as the new liquidator. The existing liquidator was directed to handover all documents and assets to the new liquidator.
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The liquidation process…
The order was…
The case involves an application seeking permission for the replacement of the existing liquidator due to health issues (blood pressure and anxiety). The liquidation process had been initiated on 2019-09-03. The liquidator's ill health was adversely affecting the liquidation of the Corporate Debtor.
The existing liquidator sought permission for replacement due to health issues, specifically blood pressure and anxiety. The liquidation process had commenced on 2019-09-03. The liquidator's health was affecting the liquidation of the Corporate Debtor. The court accepted the liquidator's request and appointed Mr. Anil Kapoor as the new liquidator. The existing liquidator was directed to handover all documents and assets to the new liquidator.
The liquidation process…
The order was…