Bevcon Wayors Private Limited ('Corporate Debtor') underwent Corporate Insolvency Resolution Process (CIRP) initiated on 19.04.2022. The CIRP failed to produce viable resolution plans, leading the Committee of Creditors (CoC) to unanimously resolve for liquidation. The Tribunal ordered liquidation on 22.05.2023. Mr. Venkat Narsinga Rao Kalvakota was appointed as the Liquidator. The Liquidator invited claims from stakeholders, constituted a Stakeholders Committee (SCC), and prepared an asset memorandum. The liquidation process involved the valuation of the Corporate Debtor's assets, including land, buildings, plant, and machinery, with varying fair and liquidation values. The Liquidator conducted multiple SCC meetings and filed progress reports with the Tribunal. The

Bevcon Wayors Private Limited ('Corporate Debtor') underwent Corporate Insolvency Resolution Process (CIRP) initiated on 19.04.2022. The CIRP failed to produce viable resolution plans, leading the Committee of Creditors (CoC) to unanimously resolve for liquidation. The Tribunal ordered liquidation on 22.05.2023. Mr. Venkat Narsinga Rao Kalvakota was appointed as the Liquidator. The Liquidator invited claims from stakeholders, constituted a Stakeholders Committee (SCC), and prepared an asset memorandum. The liquidation process involved the valuation of the Corporate Debtor's assets, including land, buildings, plant, and machinery, with varying fair and liquidation values. The Liquidator conducted multiple SCC meetings and filed progress reports with the Tribunal. The