The case pertains to IA No. 1721 of 2023 in CP(IB) No.466/7/HDB/2019, filed under Section 54 r/w Regulation 45(3)(a) of IBBI (Liquidation Process) Regulations, 2016, seeking closure of the liquidation process for Athena Energy Ventures Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initially dismissed by the Adjudicating Authority, but later admitted by the NCLAT. Mr. C. Bala Mouli was appointed as Interim Resolution Professional (IRP). Subsequently, Mr. Kumar Rajan was appointed as Liquidator. The Committee of Creditors (COC) resolved to liquidate the Corporate Debtor. The Liquidator sought an extension of the liquidation period and closure of the liquidation process.
The State Bank of India initiated a Corporate Insolvency Resolution Process (CIRP) against Athena Energy Ventures Private Limited. The CIRP was initially dismissed but later admitted by the NCLAT. Mr. C. Bala Mouli was appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Kumar Rajan as Liquidator. The Committee of Creditors (COC) resolved to liquidate the Corporate Debtor. The Liquidator made a public announcement and received claims from stakeholders. The Liquidator formed a Stakeholders Consultation Committee (SCC). The Corporate Debtor's assets were valued at Rs.0 by both registered valuers. M/s.BOMS Private Limited submitted an Expression of Interest (EOI) and was the sole bidder. The SCC approved the final offer of M/s.BOMS Private
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Company Petition CP…
CIRP admi…
The case pertains to IA No. 1721 of 2023 in CP(IB) No.466/7/HDB/2019, filed under Section 54 r/w Regulation 45(3)(a) of IBBI (Liquidation Process) Regulations, 2016, seeking closure of the liquidation process for Athena Energy Ventures Private Limited. The Corporate Insolvency Resolution Process (CIRP) was initially dismissed by the Adjudicating Authority, but later admitted by the NCLAT. Mr. C. Bala Mouli was appointed as Interim Resolution Professional (IRP). Subsequently, Mr. Kumar Rajan was appointed as Liquidator. The Committee of Creditors (COC) resolved to liquidate the Corporate Debtor. The Liquidator sought an extension of the liquidation period and closure of the liquidation process.
The State Bank of India initiated a Corporate Insolvency Resolution Process (CIRP) against Athena Energy Ventures Private Limited. The CIRP was initially dismissed but later admitted by the NCLAT. Mr. C. Bala Mouli was appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Kumar Rajan as Liquidator. The Committee of Creditors (COC) resolved to liquidate the Corporate Debtor. The Liquidator made a public announcement and received claims from stakeholders. The Liquidator formed a Stakeholders Consultation Committee (SCC). The Corporate Debtor's assets were valued at Rs.0 by both registered valuers. M/s.BOMS Private Limited submitted an Expression of Interest (EOI) and was the sole bidder. The SCC approved the final offer of M/s.BOMS Private
…Company Petition CP…
CIRP admi…