The case involves an application filed for the liquidation of the corporate debtor, Noble Steels Pvt Ltd. The CoC, in its 12th meeting held on 2023-11-18, resolved to liquidate the corporate debtor with 81.76% voting share. The application IA(I.B.C)/ 47 (CH) 2024 was filed for passing the order of liquidation and appointment of a liquidator.
The Corporate Debtor, Noble Steels Pvt Ltd, underwent Corporate Insolvency Resolution Process (CIRP). During the CIRP, the Committee of Creditors (CoC) in its 12th meeting held on 2023-11-18, resolved to liquidate the Corporate Debtor with a voting share of 81.76%. An application, IA(I.B.C)/ 47 (CH) 2024, was filed seeking an order for liquidation and appointment of a liquidator. Mr. Parvinder Singh, holding Registration No. IBBI/IPA-001/IP-P01603/2019-2020/12468, was appointed as the liquidator. The court directed the liquidator to act as per the provisions of the IBC, 2016, and relevant regulations. The order also addressed the cessation of the moratorium under Section 14 and the commencement of a fresh moratorium under Section 33(5) of the IBC. Several other IAs
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The CoC resolved to…
Order delivered for…
The case involves an application filed for the liquidation of the corporate debtor, Noble Steels Pvt Ltd. The CoC, in its 12th meeting held on 2023-11-18, resolved to liquidate the corporate debtor with 81.76% voting share. The application IA(I.B.C)/ 47 (CH) 2024 was filed for passing the order of liquidation and appointment of a liquidator.
The Corporate Debtor, Noble Steels Pvt Ltd, underwent Corporate Insolvency Resolution Process (CIRP). During the CIRP, the Committee of Creditors (CoC) in its 12th meeting held on 2023-11-18, resolved to liquidate the Corporate Debtor with a voting share of 81.76%. An application, IA(I.B.C)/ 47 (CH) 2024, was filed seeking an order for liquidation and appointment of a liquidator. Mr. Parvinder Singh, holding Registration No. IBBI/IPA-001/IP-P01603/2019-2020/12468, was appointed as the liquidator. The court directed the liquidator to act as per the provisions of the IBC, 2016, and relevant regulations. The order also addressed the cessation of the moratorium under Section 14 and the commencement of a fresh moratorium under Section 33(5) of the IBC. Several other IAs
…The CoC resolved to…
Order delivered for…