The case involves multiple Interlocutory Applications (IAs) related to the insolvency resolution process of M/s. Helpline Hospitality Pvt. Ltd. IA-1026/2023 and IA-951/2023 were filed by Mr. T.S. Murali seeking information and documents from the Liquidator and a copy of a Settlement/Demand Draft. Misc. Application-05/2022 concerns the valuation of a property (Plot No. 158, Block-G, Sector 41, Noida) and the upset price fixed for its auction.
Mr. T.S. Murali, the applicant, filed IA-1026/2023 and IA-951/2023 seeking information and documents from the Liquidator and a copy of a Settlement/Demand Draft dated 21.01.2023. Mr. Murali had resigned from the Board of Directors on 01.11.2006, prior to the commencement of the CIRP in 2017. Misc. Application-05/2022 concerns the valuation of Plot No. 158, Block-G, Sector 41, Noida, and the upset price fixed for its auction. The Delhi High Court had passed an order regarding the property, clarifying that the handing over of possession would be subject to the orders passed by the NCLT. The Liquidator produced the summary of properties sold in Block G, Sector 41, Noida, and their sale statistics, indicating an average price of Rs. 95,466.89/- per Sq. Mtr. The Liquidator
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Mr. T.S. Murali…
The Corporate Insolvency Resolution…
The case involves multiple Interlocutory Applications (IAs) related to the insolvency resolution process of M/s. Helpline Hospitality Pvt. Ltd. IA-1026/2023 and IA-951/2023 were filed by Mr. T.S. Murali seeking information and documents from the Liquidator and a copy of a Settlement/Demand Draft. Misc. Application-05/2022 concerns the valuation of a property (Plot No. 158, Block-G, Sector 41, Noida) and the upset price fixed for its auction.
Mr. T.S. Murali, the applicant, filed IA-1026/2023 and IA-951/2023 seeking information and documents from the Liquidator and a copy of a Settlement/Demand Draft dated 21.01.2023. Mr. Murali had resigned from the Board of Directors on 01.11.2006, prior to the commencement of the CIRP in 2017. Misc. Application-05/2022 concerns the valuation of Plot No. 158, Block-G, Sector 41, Noida, and the upset price fixed for its auction. The Delhi High Court had passed an order regarding the property, clarifying that the handing over of possession would be subject to the orders passed by the NCLT. The Liquidator produced the summary of properties sold in Block G, Sector 41, Noida, and their sale statistics, indicating an average price of Rs. 95,466.89/- per Sq. Mtr. The Liquidator
…Mr. T.S. Murali…
The Corporate Insolvency Resolution…