The applicant, Muthurasapuram Ganesan Chandrasekaran, is the Liquidator of the Corporate Debtor, M/s. Fipola Retail (India) Pvt Ltd. The Corporate Debtor was admitted into CIRP vide order dated 02.05.2023 under section 7 of IBC. Subsequently, the Corporate Debtor was admitted into liquidation vide order dated 08.02.2024 based on the CoC recommendation. The applicant now seeks to be replaced as the Liquidator due to personal reasons.
M/s. Fipola Retail (India) Private Limited was admitted into CIRP vide order dated 02.05.2023 under section 7 of IBC.
The Corporate Debtor was admitted into liquidation vide order dated 08.02.2024 based on the CoC recommendation.
Mr. Sankar Varadharajan was initially appointed as the Liquidator.
Mr. Muthurasapuram Ganesan Chandrasekaran replaced Mr. Sankar Varadharajan as Liquidator vide order dated 21.03.2025.
The Applicant, Mr. Muthurasapuram Ganesan Chandrasekaran, sought to withdraw from his assignment due to personal reasons.
The 5th SCC meeting dated 09.04.2025 recommended the replacement of the Liquidator with a voting percentage of 80.91%.
Ms. S. Yasodha was proposed as the new Liquidator.
The AFA of Ms. S. Yasodha is valid up to 30.06.2025.
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M/s. Fipola Retail (India) Private Limited…
The Corporate Debtor was admitted into…
The applicant, Muthurasapuram Ganesan Chandrasekaran, is the Liquidator of the Corporate Debtor, M/s. Fipola Retail (India) Pvt Ltd. The Corporate Debtor was admitted into CIRP vide order dated 02.05.2023 under section 7 of IBC. Subsequently, the Corporate Debtor was admitted into liquidation vide order dated 08.02.2024 based on the CoC recommendation. The applicant now seeks to be replaced as the Liquidator due to personal reasons.
M/s. Fipola Retail (India) Private Limited was admitted into CIRP vide order dated 02.05.2023 under section 7 of IBC.
The Corporate Debtor was admitted into liquidation vide order dated 08.02.2024 based on the CoC recommendation.
Mr. Sankar Varadharajan was initially appointed as the Liquidator.
Mr. Muthurasapuram Ganesan Chandrasekaran replaced Mr. Sankar Varadharajan as Liquidator vide order dated 21.03.2025.
The Applicant, Mr. Muthurasapuram Ganesan Chandrasekaran, sought to withdraw from his assignment due to personal reasons.
The 5th SCC meeting dated 09.04.2025 recommended the replacement of the Liquidator with a voting percentage of 80.91%.
Ms. S. Yasodha was proposed as the new Liquidator.
The AFA of Ms. S. Yasodha is valid up to 30.06.2025.
M/s. Fipola Retail (India) Private Limited…
The Corporate Debtor was admitted into…