The case pertains to a Company Petition filed by Kiewit India LLP, represented by its liquidator, Mr. Vivek Mallya, under Section 59(7) of the Insolvency and Bankruptcy Code, 2016. The petition seeks a direction for the dissolution of Kiewit India LLP, a limited liability partnership (LLP), with effect from the date of the order by the Adjudicating Authority. Kiewit India LLP was originally engaged in overseas business, monitoring third-party Indian service providers and suppliers to its global affiliates. The LLP had entered into an agreement with Kiewit Engineering Group Inc. to provide oversight activities for a third-party Indian service provider engaged by Kiewit Engineering Group Inc. for engineering services on a project in the USA. The LLP convened a meeting of
…Kiewit India LLP, a limited liability partnership, was engaged in overseas business, monitoring third-party Indian service providers and suppliers to its global affiliates. It entered into an agreement with Kiewit Engineering Group Inc. to provide oversight activities for a third-party Indian service provider engaged by Kiewit Engineering Group Inc. for engineering services on a project in the USA. On 15.07.2021, the LLP's Designated Partners approved a Declaration of Solvency, stating the LLP could pay its debts in full from the proceeds of assets sold in voluntary liquidation within six months, without defrauding anyone or committing any default. Mr. Vivek Mallya was appointed as the liquidator. A public announcement of the liquidation was made on 16.07.2021. The
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The instant Company Petition is filed on…
The LLP convened a meeting of Designated…
The case pertains to a Company Petition filed by Kiewit India LLP, represented by its liquidator, Mr. Vivek Mallya, under Section 59(7) of the Insolvency and Bankruptcy Code, 2016. The petition seeks a direction for the dissolution of Kiewit India LLP, a limited liability partnership (LLP), with effect from the date of the order by the Adjudicating Authority. Kiewit India LLP was originally engaged in overseas business, monitoring third-party Indian service providers and suppliers to its global affiliates. The LLP had entered into an agreement with Kiewit Engineering Group Inc. to provide oversight activities for a third-party Indian service provider engaged by Kiewit Engineering Group Inc. for engineering services on a project in the USA. The LLP convened a meeting of
…Kiewit India LLP, a limited liability partnership, was engaged in overseas business, monitoring third-party Indian service providers and suppliers to its global affiliates. It entered into an agreement with Kiewit Engineering Group Inc. to provide oversight activities for a third-party Indian service provider engaged by Kiewit Engineering Group Inc. for engineering services on a project in the USA. On 15.07.2021, the LLP's Designated Partners approved a Declaration of Solvency, stating the LLP could pay its debts in full from the proceeds of assets sold in voluntary liquidation within six months, without defrauding anyone or committing any default. Mr. Vivek Mallya was appointed as the liquidator. A public announcement of the liquidation was made on 16.07.2021. The
…The instant Company Petition is filed on…
The LLP convened a meeting of Designated…