The case involves an application (IA-1390/2022) filed by the Resolution Professional (RP) under Section 33(2) of the Insolvency and Bankruptcy Code (IBC), 2016, seeking an order to initiate the liquidation process of the Corporate Debtor and to appoint the present RP as the Liquidator. The CoC in its 10th meeting held on 14.02.2022 had resolved to liquidate the Corporate Debtor with a voting share of 97.44%. The CoC also resolved to appoint Ms. Sunita Umesh as Liquidator of the Corporate Debtor.
The Resolution Professional (RP) filed an application (IA-1390/2022) under Section 33(2) of the IBC, 2016, seeking initiation of the liquidation process for the Corporate Debtor. The Committee of Creditors (CoC) had resolved in its 10th meeting on 14.02.2022 to liquidate the Corporate Debtor with a voting share of 97.44%. The CoC also resolved to appoint Ms. Sunita Umesh as the Liquidator. The RP submitted that he has been engaged recently and has already filed his Vakalatnama. Another application (IA-1700/2021) was filed by the RP under Section 19(2) of IBC, 2016, regarding the filing of an affidavit by the Suspended Board of Directors. Two more applications (IA-3629/2021, IA-4495/2021) were filed by the RP under Section 17(2) of IBC, 2016, seeking exemption from
…Sign in to view the parties.
The CoC in its 10th meeting resolved to…
Order directing the Suspended Board of…
The case involves an application (IA-1390/2022) filed by the Resolution Professional (RP) under Section 33(2) of the Insolvency and Bankruptcy Code (IBC), 2016, seeking an order to initiate the liquidation process of the Corporate Debtor and to appoint the present RP as the Liquidator. The CoC in its 10th meeting held on 14.02.2022 had resolved to liquidate the Corporate Debtor with a voting share of 97.44%. The CoC also resolved to appoint Ms. Sunita Umesh as Liquidator of the Corporate Debtor.
The Resolution Professional (RP) filed an application (IA-1390/2022) under Section 33(2) of the IBC, 2016, seeking initiation of the liquidation process for the Corporate Debtor. The Committee of Creditors (CoC) had resolved in its 10th meeting on 14.02.2022 to liquidate the Corporate Debtor with a voting share of 97.44%. The CoC also resolved to appoint Ms. Sunita Umesh as the Liquidator. The RP submitted that he has been engaged recently and has already filed his Vakalatnama. Another application (IA-1700/2021) was filed by the RP under Section 19(2) of IBC, 2016, regarding the filing of an affidavit by the Suspended Board of Directors. Two more applications (IA-3629/2021, IA-4495/2021) were filed by the RP under Section 17(2) of IBC, 2016, seeking exemption from
…The CoC in its 10th meeting resolved to…
Order directing the Suspended Board of…