The application IA-1262/ND/2021 was filed by Ms. Jayashree Shukla Dasgupta, the Liquidator of M/s VNM Components Private Limited, under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking the dissolution of the corporate debtor. The corporate debtor, M/s VNM Components Private Limited, had initially filed an application under Section 10 of IBC 2016 for initiation of CIRP against itself. The Adjudicating Authority initiated the CIRP against the corporate debtor on 2018-02-07 and appointed Ms. Jayashree Shukla Dasgupta as the Interim Resolution Professional. The liquidation process was initiated on 2018-07-27, and the applicant was appointed as the Liquidator on 2018-08-09.
M/s VNM Components Private Limited was undergoing liquidation, with Ms. Jayashree Shukla Dasgupta appointed as the liquidator. The corporate debtor had initially filed for CIRP under Section 10 of the IBC. The liquidation process was initiated on 2018-07-27. The liquidator realized Rs.92,80,086/- from the liquidation estate, distributing Rs.88,17,704/- to creditors as per Section 53 of the IBC. Clarifications were sought from the liquidator regarding informing statutory bodies, pending applications under Sections 43 and 66 of the IBC, and pending investigations. The liquidator informed the ROC, Income Tax Department, and GST Department about the liquidation. Several cases were pending against the corporate debtor in various district courts. The liquidator filed
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Liquidation process of…
The application IA-1262/ND/2021 was filed by Ms. Jayashree Shukla Dasgupta, the Liquidator of M/s VNM Components Private Limited, under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking the dissolution of the corporate debtor. The corporate debtor, M/s VNM Components Private Limited, had initially filed an application under Section 10 of IBC 2016 for initiation of CIRP against itself. The Adjudicating Authority initiated the CIRP against the corporate debtor on 2018-02-07 and appointed Ms. Jayashree Shukla Dasgupta as the Interim Resolution Professional. The liquidation process was initiated on 2018-07-27, and the applicant was appointed as the Liquidator on 2018-08-09.
M/s VNM Components Private Limited was undergoing liquidation, with Ms. Jayashree Shukla Dasgupta appointed as the liquidator. The corporate debtor had initially filed for CIRP under Section 10 of the IBC. The liquidation process was initiated on 2018-07-27. The liquidator realized Rs.92,80,086/- from the liquidation estate, distributing Rs.88,17,704/- to creditors as per Section 53 of the IBC. Clarifications were sought from the liquidator regarding informing statutory bodies, pending applications under Sections 43 and 66 of the IBC, and pending investigations. The liquidator informed the ROC, Income Tax Department, and GST Department about the liquidation. Several cases were pending against the corporate debtor in various district courts. The liquidator filed
…Adjudicating Authority…
Liquidation process of…