The application IA/173(AHM)2025 was filed for the removal of Mr. Amit Gupta as the Liquidator of the Corporate Debtor and for the appointment of Mr. Brijendra Kumar Mishra as the new Liquidator. The license of Mr. Amit Gupta was cancelled by the IBBI Disciplinary Committee, effective from 25.12.2024. The applicant, a member of the SCC, brought this to the Tribunal's notice. The SCC convened a meeting on 16.12.2024 where the liquidator mentioned his intention to appeal the cancellation order. The SCC decided to appoint a new liquidator and invited quotations from Insolvency Professionals. Mr. Brijendra Kumar Mishra was approved in a meeting on 06.01.2025.
The applicant filed an application IA/173(AHM)2025 seeking the removal of Mr. Amit Gupta as the Liquidator of the Corporate Debtor and the appointment of Mr. Brijendra Kumar Mishra. Mr. Amit Gupta's license was cancelled by the IBBI Disciplinary Committee effective 25.12.2024. The SCC, of which the applicant is a member, convened a meeting on 16.12.2024 where Mr. Gupta informed them of his intention to appeal the cancellation. The SCC decided to appoint a new liquidator and invited quotations, ultimately approving Mr. Mishra on 06.01.2025. The Tribunal noted that the SCC did not promptly notify the cancellation of Mr. Gupta's registration and questioned the SCC's role in deciding on a new liquidator and their fees. The SCC delayed filing the application until
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The IBBI Disciplinary…
The SCC members convened a meeting where the…
The application IA/173(AHM)2025 was filed for the removal of Mr. Amit Gupta as the Liquidator of the Corporate Debtor and for the appointment of Mr. Brijendra Kumar Mishra as the new Liquidator. The license of Mr. Amit Gupta was cancelled by the IBBI Disciplinary Committee, effective from 25.12.2024. The applicant, a member of the SCC, brought this to the Tribunal's notice. The SCC convened a meeting on 16.12.2024 where the liquidator mentioned his intention to appeal the cancellation order. The SCC decided to appoint a new liquidator and invited quotations from Insolvency Professionals. Mr. Brijendra Kumar Mishra was approved in a meeting on 06.01.2025.
The applicant filed an application IA/173(AHM)2025 seeking the removal of Mr. Amit Gupta as the Liquidator of the Corporate Debtor and the appointment of Mr. Brijendra Kumar Mishra. Mr. Amit Gupta's license was cancelled by the IBBI Disciplinary Committee effective 25.12.2024. The SCC, of which the applicant is a member, convened a meeting on 16.12.2024 where Mr. Gupta informed them of his intention to appeal the cancellation. The SCC decided to appoint a new liquidator and invited quotations, ultimately approving Mr. Mishra on 06.01.2025. The Tribunal noted that the SCC did not promptly notify the cancellation of Mr. Gupta's registration and questioned the SCC's role in deciding on a new liquidator and their fees. The SCC delayed filing the application until
…The IBBI Disciplinary…
The SCC members convened a meeting where the…