The case involves an application filed under Section 54 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45 of the IBBI (Liquidation Process) Regulations, 2016, by the Liquidator of Atlantis Life Sciences Private Limited, seeking dissolution of the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated following an application by Pariman Enterprises Limited under Section 9 of the Code. The Committee of Creditors (CoC) determined that revival of the corporate debtor was not possible and resolved to liquidate the Corporate Debtor. The Applicant filed M.A. No. 2702 of 2019 under Section 33 of the Code, which was allowed vide order dated 05.03.2021, leading to the appointment of the Applicant as the Liquidator.
Pariman Enterprises Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, leading to the initiation of the Corporate Insolvency Resolution Process (CIRP) for Atlantis Life Sciences Private Limited. Mr. Dhananjay Kumar Vatsyayan was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Dilipkumar Natvarlal Jagad as the Resolution Professional (RP). The CIRP period was extended, but the Committee of Creditors (CoC) determined that revival was not possible and resolved to liquidate the Corporate Debtor. The Applicant filed M.A. No. 2702 of 2019 under Section 33 of the Code, which was allowed on 05.03.2021, appointing the Applicant as the Liquidator. A public announcement was made on 10.03.2021, inviting
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Tribunal admitted the petition filed by…
Mr. Dilipkumar Natvarlal Jagad was appointed as…
The case involves an application filed under Section 54 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45 of the IBBI (Liquidation Process) Regulations, 2016, by the Liquidator of Atlantis Life Sciences Private Limited, seeking dissolution of the Corporate Debtor. The Corporate Insolvency Resolution Process (CIRP) was initiated following an application by Pariman Enterprises Limited under Section 9 of the Code. The Committee of Creditors (CoC) determined that revival of the corporate debtor was not possible and resolved to liquidate the Corporate Debtor. The Applicant filed M.A. No. 2702 of 2019 under Section 33 of the Code, which was allowed vide order dated 05.03.2021, leading to the appointment of the Applicant as the Liquidator.
Pariman Enterprises Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, leading to the initiation of the Corporate Insolvency Resolution Process (CIRP) for Atlantis Life Sciences Private Limited. Mr. Dhananjay Kumar Vatsyayan was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Dilipkumar Natvarlal Jagad as the Resolution Professional (RP). The CIRP period was extended, but the Committee of Creditors (CoC) determined that revival was not possible and resolved to liquidate the Corporate Debtor. The Applicant filed M.A. No. 2702 of 2019 under Section 33 of the Code, which was allowed on 05.03.2021, appointing the Applicant as the Liquidator. A public announcement was made on 10.03.2021, inviting
…Tribunal admitted the petition filed by…
Mr. Dilipkumar Natvarlal Jagad was appointed as…