The case involves an application seeking an extension of time for the completion of the liquidation process of the Corporate Debtor, M N Horological Industries Pvt Ltd. The application, IA/1305(CHE)/2023, was filed in relation to the main petition CP/1441/IB/2018. The applicant/liquidator was represented by Ld. Counsel Mr. Saai Sudharsan Sathiyamoorthy through video conferencing.
The Corporate Debtor is M N Horological Industries Pvt Ltd. An application, IA/1305(CHE)/2023, was filed seeking a 6-month extension for the liquidation process, from 02.08.2023 to 01.02.2024. The reasons for seeking the extension include the pending sale of the Corporate Debtor's inventory, valued at Rs. 5,68,393/-, and a pending appeal under Section 42 of the Code against the rejection of a claim before the NCLT. The original petition number is CP/1441/IB/2018.
Sign in to view the parties.
Hearing held on…
Original end date of…
Sign in to view related legal provisions.
The case involves an application seeking an extension of time for the completion of the liquidation process of the Corporate Debtor, M N Horological Industries Pvt Ltd. The application, IA/1305(CHE)/2023, was filed in relation to the main petition CP/1441/IB/2018. The applicant/liquidator was represented by Ld. Counsel Mr. Saai Sudharsan Sathiyamoorthy through video conferencing.
The Corporate Debtor is M N Horological Industries Pvt Ltd. An application, IA/1305(CHE)/2023, was filed seeking a 6-month extension for the liquidation process, from 02.08.2023 to 01.02.2024. The reasons for seeking the extension include the pending sale of the Corporate Debtor's inventory, valued at Rs. 5,68,393/-, and a pending appeal under Section 42 of the Code against the rejection of a claim before the NCLT. The original petition number is CP/1441/IB/2018.
Hearing held on…
Original end date of…
Sign in to view related legal provisions.