The case involves an application under Section 66 of the Insolvency and Bankruptcy Code, 2016, regarding fraudulent transactions by Divyaswarna (OPC) Private Limited (Corporate Debtor). The Interim Resolution Professional (IRP), Sudipto Ghosh, filed the application seeking reliefs including adjudging certain transactions as fraudulent and directing the respondent, Ankur Verma, to contribute Rs. 36,75,000 to the assets of the Corporate Debtor. The IRP conducted a preliminary investigation and appointed TKR & Associates to conduct a transaction audit.
Divyaswarna (OPC) Private Limited is the Corporate Debtor. Seemant Nahata is the Operational Creditor. Sudipto Ghosh is the Interim Resolution Professional (IRP) and applicant. Ankur Verma is the respondent. The IRP filed an application under Section 66 of the Insolvency and Bankruptcy Code, 2016, alleging fraudulent transactions. The IRP conducted a preliminary investigation and appointed TKR & Associates to conduct a transaction audit. The audit revealed that Rs. 36.75 lakhs were withdrawn by self-cheques after the demand notice was received. The respondent allegedly opened a sole proprietorship jewellery business under the name Divya Swarna Jewels around the same time. The last available audited balance sheet of the Corporate Debtor was on March 31, 2019. The
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The case involves an application under Section 66 of the Insolvency and Bankruptcy Code, 2016, regarding fraudulent transactions by Divyaswarna (OPC) Private Limited (Corporate Debtor). The Interim Resolution Professional (IRP), Sudipto Ghosh, filed the application seeking reliefs including adjudging certain transactions as fraudulent and directing the respondent, Ankur Verma, to contribute Rs. 36,75,000 to the assets of the Corporate Debtor. The IRP conducted a preliminary investigation and appointed TKR & Associates to conduct a transaction audit.
Divyaswarna (OPC) Private Limited is the Corporate Debtor. Seemant Nahata is the Operational Creditor. Sudipto Ghosh is the Interim Resolution Professional (IRP) and applicant. Ankur Verma is the respondent. The IRP filed an application under Section 66 of the Insolvency and Bankruptcy Code, 2016, alleging fraudulent transactions. The IRP conducted a preliminary investigation and appointed TKR & Associates to conduct a transaction audit. The audit revealed that Rs. 36.75 lakhs were withdrawn by self-cheques after the demand notice was received. The respondent allegedly opened a sole proprietorship jewellery business under the name Divya Swarna Jewels around the same time. The last available audited balance sheet of the Corporate Debtor was on March 31, 2019. The
…Demand noti…
Application filed…