The application IA(IBC)/807/CHE/2023 was filed in TCP/130/IB/CB/2017 under Section 54 of the Insolvency & Bankruptcy Code, 2016, seeking the dissolution of Auro Mira Biopower India Private Limited. The Corporate Insolvency Resolution Process (CIRP) commenced on 2017-09-01. Liquidation was ordered on 2018-07-16. The liquidator, Mr. L.K. Sivaramakrishnan, managed the liquidation process, including asset valuation, stakeholder consultation, and asset sales. The liquidator submitted a final report and compliance certificate, stating that the corporate debtor had been completely liquidated.
Auro Mira Biopower India Private Limited was incorporated on 2007-08-20. CIRP commenced on 2017-09-01. Liquidation was ordered on 2018-07-16. The corporate debtor's assets included an 18 MW plant, land, and buildings. The liquidator was appointed and conducted auctions on 2018-12-06 and 2019-01-21, which failed. Subsequently, the liquidator sold the property to Sri Gomathi Energy Private Limited for Rs. 10,53,60,000. A sale deed was entered on 2021-02-12. The liquidator also managed renewable energy certificates worth Rs. 29,76,000. The liquidator submitted a bank account statement as proof of distribution. The final report was submitted on 2023-04-26.
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Auro Mira Biopower…
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The application IA(IBC)/807/CHE/2023 was filed in TCP/130/IB/CB/2017 under Section 54 of the Insolvency & Bankruptcy Code, 2016, seeking the dissolution of Auro Mira Biopower India Private Limited. The Corporate Insolvency Resolution Process (CIRP) commenced on 2017-09-01. Liquidation was ordered on 2018-07-16. The liquidator, Mr. L.K. Sivaramakrishnan, managed the liquidation process, including asset valuation, stakeholder consultation, and asset sales. The liquidator submitted a final report and compliance certificate, stating that the corporate debtor had been completely liquidated.
Auro Mira Biopower India Private Limited was incorporated on 2007-08-20. CIRP commenced on 2017-09-01. Liquidation was ordered on 2018-07-16. The corporate debtor's assets included an 18 MW plant, land, and buildings. The liquidator was appointed and conducted auctions on 2018-12-06 and 2019-01-21, which failed. Subsequently, the liquidator sold the property to Sri Gomathi Energy Private Limited for Rs. 10,53,60,000. A sale deed was entered on 2021-02-12. The liquidator also managed renewable energy certificates worth Rs. 29,76,000. The liquidator submitted a bank account statement as proof of distribution. The final report was submitted on 2023-04-26.
Auro Mira Biopower…
Corporate Ins…
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