The application IA/173/CHE/2022 was filed under Section 33 of the Insolvency and Bankruptcy Code, 2016, seeking relief related to the Corporate Insolvency Resolution Process (CIRP) of Abhiraami Chemicals Limited. The CIRP was initiated on 04.10.2021, and Mr. M. Alagar was appointed as the Interim Resolution Professional (IRP). The applicant sought orders for the liquidation of the company, appointment of M. Alagar as the liquidator, and any further orders deemed fit by the Tribunal.
The Corporate Insolvency Resolution Process (CIRP) of Abhiraami Chemicals Limited was initiated on 04.10.2021. Mr. M. Alagar was appointed as the Interim Resolution Professional (IRP). A public announcement was made on 05.10.2021, and subsequently published in English and Tamil newspapers on 06.10.2021. A corrigendum was issued on 12.10.2021, modifying the last date for submission of claims and the estimated date of closure of the insolvency process. On 19.10.2021, the Applicant visited the registered office of the Corporate Debtor and verified the documents. The applicant identified that the Corporate Debtor had no business operation and no immovable properties. The Corporate Debtor's assets included cash in hand, cash in bank accounts, fixed deposits, and government
…Sign in to view the parties.
Corporate Insolvency…
Public announce…
The application IA/173/CHE/2022 was filed under Section 33 of the Insolvency and Bankruptcy Code, 2016, seeking relief related to the Corporate Insolvency Resolution Process (CIRP) of Abhiraami Chemicals Limited. The CIRP was initiated on 04.10.2021, and Mr. M. Alagar was appointed as the Interim Resolution Professional (IRP). The applicant sought orders for the liquidation of the company, appointment of M. Alagar as the liquidator, and any further orders deemed fit by the Tribunal.
The Corporate Insolvency Resolution Process (CIRP) of Abhiraami Chemicals Limited was initiated on 04.10.2021. Mr. M. Alagar was appointed as the Interim Resolution Professional (IRP). A public announcement was made on 05.10.2021, and subsequently published in English and Tamil newspapers on 06.10.2021. A corrigendum was issued on 12.10.2021, modifying the last date for submission of claims and the estimated date of closure of the insolvency process. On 19.10.2021, the Applicant visited the registered office of the Corporate Debtor and verified the documents. The applicant identified that the Corporate Debtor had no business operation and no immovable properties. The Corporate Debtor's assets included cash in hand, cash in bank accounts, fixed deposits, and government
…Corporate Insolvency…
Public announce…