The case pertains to IA/293/IB/2020 filed in CP/191/IB/2018 under Section 54 of the Insolvency & Bankruptcy Code, 2016 read with Regulation 45 of the IBBI (Liquidation process) Regulations, 2016. The Corporate Insolvency Resolution Process (CIRP) for Bharat Medicare Private Limited was initiated by the Tribunal following an application by an Operational Creditor under Section 9 of the IBC, 2016, with an order dated 2018-04-18. The applicant, A. Mohan Kumar, was appointed as the Interim Resolution Professional. Subsequently, the Tribunal ordered liquidation on 2019-01-28. The liquidator made a public announcement in 'Business Standard' and 'Maalai Tamizhagam' on 2019-02-01, which was also submitted to the IBBI on 2019-02-02 for placement on their website. The
…The Corporate Insolvency Resolution Process (CIRP) for Bharat Medicare Private Limited was initiated following an application by an Operational Creditor under Section 9 of the IBC, 2016. A. Mohan Kumar was appointed as the Interim Resolution Professional and subsequently as the liquidator. The Tribunal ordered liquidation on 2019-01-28. The liquidator made public announcements and complied with various regulatory requirements, including changing the bank account nomenclature to 'LIQUIDATION A/C OF BHARAT MEDICARE PL'. The liquidator submitted reports to the Tribunal and informed relevant authorities about the liquidation process. The Corporate Debtor was not registered with GST prior to liquidation but obtained GSTIN post-liquidation order, filed returns, and applied
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Corporate Insolvency Resolution Process…
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The case pertains to IA/293/IB/2020 filed in CP/191/IB/2018 under Section 54 of the Insolvency & Bankruptcy Code, 2016 read with Regulation 45 of the IBBI (Liquidation process) Regulations, 2016. The Corporate Insolvency Resolution Process (CIRP) for Bharat Medicare Private Limited was initiated by the Tribunal following an application by an Operational Creditor under Section 9 of the IBC, 2016, with an order dated 2018-04-18. The applicant, A. Mohan Kumar, was appointed as the Interim Resolution Professional. Subsequently, the Tribunal ordered liquidation on 2019-01-28. The liquidator made a public announcement in 'Business Standard' and 'Maalai Tamizhagam' on 2019-02-01, which was also submitted to the IBBI on 2019-02-02 for placement on their website. The
…The Corporate Insolvency Resolution Process (CIRP) for Bharat Medicare Private Limited was initiated following an application by an Operational Creditor under Section 9 of the IBC, 2016. A. Mohan Kumar was appointed as the Interim Resolution Professional and subsequently as the liquidator. The Tribunal ordered liquidation on 2019-01-28. The liquidator made public announcements and complied with various regulatory requirements, including changing the bank account nomenclature to 'LIQUIDATION A/C OF BHARAT MEDICARE PL'. The liquidator submitted reports to the Tribunal and informed relevant authorities about the liquidation process. The Corporate Debtor was not registered with GST prior to liquidation but obtained GSTIN post-liquidation order, filed returns, and applied
…Corporate Insolvency Resolution Process…
Tribunal orders…