The application was filed by the applicant/liquidator seeking rectification/correction in the order for dissolution of the corporate debtor, M/s Little Bee International Pvt. Ltd., which was previously passed by the Adjudicating Authority on 18.01.2023. The initial order contained an inadvertent error in Para 17(ii) & (iv), concerning the closure of the Liquidation Bank Account and the maintenance of a private bank account for legal expenses. The liquidator had closed the Liquidation Bank Account before filing for dissolution and kept Rs. 1,60,186.45 in a separate private account for expenditures and legal expenses, intending to return it to the stakeholders upon dissolution. The liquidator also attached an undertaking from Bank of India, a major stakeholder, to
…M/s Little Bee International Pvt. Ltd. was undergoing dissolution. An order dated 18.01.2023 was passed by the Adjudicating Authority to dissolve the corporate debtor. An application was filed by the applicant/liquidator seeking rectification/correction in the order for dissolution. The initial order contained an inadvertent error in Para 17(ii) & (iv), concerning the closure of the Liquidation Bank Account and the maintenance of a private bank account for legal expenses. The liquidator had closed the Liquidation Bank Account before filing for dissolution and kept Rs. 1,60,186.45 in a separate private account for expenditures and legal expenses, intending to return it to the stakeholders upon dissolution. Bank of India, a major stakeholder, provided an undertaking
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An order was passed by the Adjudicating…
The liquidator filed an affidavit attaching the…
The application was filed by the applicant/liquidator seeking rectification/correction in the order for dissolution of the corporate debtor, M/s Little Bee International Pvt. Ltd., which was previously passed by the Adjudicating Authority on 18.01.2023. The initial order contained an inadvertent error in Para 17(ii) & (iv), concerning the closure of the Liquidation Bank Account and the maintenance of a private bank account for legal expenses. The liquidator had closed the Liquidation Bank Account before filing for dissolution and kept Rs. 1,60,186.45 in a separate private account for expenditures and legal expenses, intending to return it to the stakeholders upon dissolution. The liquidator also attached an undertaking from Bank of India, a major stakeholder, to
…M/s Little Bee International Pvt. Ltd. was undergoing dissolution. An order dated 18.01.2023 was passed by the Adjudicating Authority to dissolve the corporate debtor. An application was filed by the applicant/liquidator seeking rectification/correction in the order for dissolution. The initial order contained an inadvertent error in Para 17(ii) & (iv), concerning the closure of the Liquidation Bank Account and the maintenance of a private bank account for legal expenses. The liquidator had closed the Liquidation Bank Account before filing for dissolution and kept Rs. 1,60,186.45 in a separate private account for expenditures and legal expenses, intending to return it to the stakeholders upon dissolution. Bank of India, a major stakeholder, provided an undertaking
…An order was passed by the Adjudicating…
The liquidator filed an affidavit attaching the…