Adventz Finance Private Limited initiated proceedings against Jai Annanya Investments Private Limited under Section 7 of the IBC. An Interlocutory Application (IA) was filed to record the written consent of the Resolution Professional (RP) to act as a liquidator. The consent was dated 26.07.2023, related to C.P. (IB)/2119(KB)2019. The IBBI circular dated 18.07.2023 mandates that the liquidator must be different from the RP and selected from the IBBI panel. The Adjudicating Authority appointed Mr. Anup Kumar Singh from the IBBI panel as the liquidator. The matter is scheduled for further instructions on 07.11.2023.

Adventz Finance Private Limited initiated proceedings against Jai Annanya Investments Private Limited under Section 7 of the IBC. An Interlocutory Application (IA) was filed to record the written consent of the Resolution Professional (RP) to act as a liquidator. The consent was dated 26.07.2023, related to C.P. (IB)/2119(KB)2019. The IBBI circular dated 18.07.2023 mandates that the liquidator must be different from the RP and selected from the IBBI panel. The Adjudicating Authority appointed Mr. Anup Kumar Singh from the IBBI panel as the liquidator. The matter is scheduled for further instructions on 07.11.2023.