The case pertains to an application under Section 54(1) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45(3) of the Insolvency and Bankruptcy Board of India (Liquidation process) Regulations, 2016 and Rule 11 of NCLT Rules, for the dissolution of the Corporate Debtor, Aparna Polyflex Private Limited. The CIRP was initiated following an application by Nandalal Khandelwal, an Operational Creditor, under Section 9 of the IBC. The CoC resolved to initiate liquidation, and the Tribunal ordered the commencement of liquidation on 25.02.2020. The applicant, Animesh Mukhopadhyay, was appointed as the Liquidator.
Nandalal Khandelwal, an Operational Creditor, initiated CIRP against Aparna Polyflex Private Limited under Section 9 of the IBC. The CIRP commenced on 01.10.2019, and Animesh Mukhopadhyay was appointed as the Interim Resolution Professional. The CoC resolved to initiate liquidation on 18.02.2020, and the Tribunal ordered the commencement of liquidation on 25.02.2020, appointing Animesh Mukhopadhyay as the Liquidator. A public announcement was made on 01.03.2020, and 8 claims amounting to Rs. 1955530000.00 were received. Due to the Covid-19 pandemic, the Tribunal allowed an exclusion of 232 days. The liquidation process was halted again due to increasing Covid cases. The liquidator informed SFIO about the liquidation proceedings. The 1st and 2nd SCC meetings were held
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CIRP commenced…
The Committee of…
The case pertains to an application under Section 54(1) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45(3) of the Insolvency and Bankruptcy Board of India (Liquidation process) Regulations, 2016 and Rule 11 of NCLT Rules, for the dissolution of the Corporate Debtor, Aparna Polyflex Private Limited. The CIRP was initiated following an application by Nandalal Khandelwal, an Operational Creditor, under Section 9 of the IBC. The CoC resolved to initiate liquidation, and the Tribunal ordered the commencement of liquidation on 25.02.2020. The applicant, Animesh Mukhopadhyay, was appointed as the Liquidator.
Nandalal Khandelwal, an Operational Creditor, initiated CIRP against Aparna Polyflex Private Limited under Section 9 of the IBC. The CIRP commenced on 01.10.2019, and Animesh Mukhopadhyay was appointed as the Interim Resolution Professional. The CoC resolved to initiate liquidation on 18.02.2020, and the Tribunal ordered the commencement of liquidation on 25.02.2020, appointing Animesh Mukhopadhyay as the Liquidator. A public announcement was made on 01.03.2020, and 8 claims amounting to Rs. 1955530000.00 were received. Due to the Covid-19 pandemic, the Tribunal allowed an exclusion of 232 days. The liquidation process was halted again due to increasing Covid cases. The liquidator informed SFIO about the liquidation proceedings. The 1st and 2nd SCC meetings were held
…CIRP commenced…
The Committee of…