The case pertains to the Corporate Insolvency Resolution Process (CIRP) and subsequent liquidation of MPL 2 Wheelers Private Limited. The CIRP was initiated on 2020-11-13. Following this, the liquidation of the Corporate Debtor was ordered on 2021-11-26. A liquidator was appointed. Public announcement was made on 2021-12-01 inviting claims from stakeholders, with a deadline of 2021-12-26 for submission.
The Corporate Insolvency Resolution Process (CIRP) of MPL 2 Wheelers Private Limited was initiated by the Tribunal on 2020-11-13. The applicant was appointed as Interim Resolution Professional (IRP) and later as Resolution Professional (RP). The liquidation of the Corporate Debtor was ordered on 2021-11-26, and the applicant was appointed as the Liquidator. A public announcement was made on 2021-12-01, inviting claims from stakeholders with a deadline of 2021-12-26. Sundaram Home Finance Ltd, the sole secured financial creditor, requested to stay outside the liquidation process. The liquidation bank account was opened on 2022-04-08. The amount realized from the sale of liquidation assets was Nil. The liquidator filed IA/2272/CHE/2023 under Regulation 38 of IBBI
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CIRP of the Corporate…
Liquidation of the…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) and subsequent liquidation of MPL 2 Wheelers Private Limited. The CIRP was initiated on 2020-11-13. Following this, the liquidation of the Corporate Debtor was ordered on 2021-11-26. A liquidator was appointed. Public announcement was made on 2021-12-01 inviting claims from stakeholders, with a deadline of 2021-12-26 for submission.
The Corporate Insolvency Resolution Process (CIRP) of MPL 2 Wheelers Private Limited was initiated by the Tribunal on 2020-11-13. The applicant was appointed as Interim Resolution Professional (IRP) and later as Resolution Professional (RP). The liquidation of the Corporate Debtor was ordered on 2021-11-26, and the applicant was appointed as the Liquidator. A public announcement was made on 2021-12-01, inviting claims from stakeholders with a deadline of 2021-12-26. Sundaram Home Finance Ltd, the sole secured financial creditor, requested to stay outside the liquidation process. The liquidation bank account was opened on 2022-04-08. The amount realized from the sale of liquidation assets was Nil. The liquidator filed IA/2272/CHE/2023 under Regulation 38 of IBBI
…CIRP of the Corporate…
Liquidation of the…