The case pertains to an application filed by the Liquidator under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking an order for the dissolution of the Corporate Debtor, Dhanashri Tooling Systems Pvt. Ltd. The Adjudicating Authority had previously initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor on 15.07.2019, following a petition filed by the Financial Creditor under Section 7 of the Code. Mr. Rajmal L Mogra was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional. Subsequently, an order under Section 33(2) was passed on 22.03.2021, allowing the Debtor Company to be liquidated, and Mr. Pramod Dattaram Rasa was appointed as the Liquidator.
On 15.07.2019, the Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against Dhanashri Tooling Systems Pvt. Ltd. following a petition by the Financial Creditor under Section 7 of the IBC. Mr. Rajmal L Mogra was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional. On 22.03.2021, an order was passed allowing the Debtor Company to be liquidated, and Mr. Pramod Dattaram Rasa was appointed as the Liquidator. Several CoC meetings were held, but no resolution was possible due to the absence of assets or business. The CoC unanimously decided to liquidate the Corporate Debtor. The Liquidator intimated various departments about the liquidation process and formed a Stakeholders Consultation Committee
…Sign in to view the parties.
The Adjudicating Authority initiated the…
An order was passed…
The case pertains to an application filed by the Liquidator under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking an order for the dissolution of the Corporate Debtor, Dhanashri Tooling Systems Pvt. Ltd. The Adjudicating Authority had previously initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor on 15.07.2019, following a petition filed by the Financial Creditor under Section 7 of the Code. Mr. Rajmal L Mogra was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional. Subsequently, an order under Section 33(2) was passed on 22.03.2021, allowing the Debtor Company to be liquidated, and Mr. Pramod Dattaram Rasa was appointed as the Liquidator.
On 15.07.2019, the Adjudicating Authority initiated the Corporate Insolvency Resolution Process (CIRP) against Dhanashri Tooling Systems Pvt. Ltd. following a petition by the Financial Creditor under Section 7 of the IBC. Mr. Rajmal L Mogra was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional. On 22.03.2021, an order was passed allowing the Debtor Company to be liquidated, and Mr. Pramod Dattaram Rasa was appointed as the Liquidator. Several CoC meetings were held, but no resolution was possible due to the absence of assets or business. The CoC unanimously decided to liquidate the Corporate Debtor. The Liquidator intimated various departments about the liquidation process and formed a Stakeholders Consultation Committee
…The Adjudicating Authority initiated the…
An order was passed…