The case involves I.A.Nos.746 and 771 of 2023 in C.P. (IB)No.31/BB/2022 before the National Company Law Tribunal, Bengaluru Bench. I.A.No.746/2023 concerns the Resolution Professional's claim regarding unpaid costs by the Committee of Creditors (CoC) after March 2025. I.A.No.771/2023 pertains to the initiation of liquidation proceedings for the Corporate Debtor.
M/s. Olympic Sportsware & Equipments Pvt. Ltd. is the petitioner in the case. The Resolution Professional claimed to have received costs only up to March 2025, with the CoC failing to make subsequent payments. The CoC, in its 4th meeting held on 06.02.2025, decided to take the Corporate Debtor for liquidation. Mr. M.V. Sudarshan was recommended by the CoC and appointed as the liquidator.
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The case involves I.A.Nos.746 and 771 of 2023 in C.P. (IB)No.31/BB/2022 before the National Company Law Tribunal, Bengaluru Bench. I.A.No.746/2023 concerns the Resolution Professional's claim regarding unpaid costs by the Committee of Creditors (CoC) after March 2025. I.A.No.771/2023 pertains to the initiation of liquidation proceedings for the Corporate Debtor.
M/s. Olympic Sportsware & Equipments Pvt. Ltd. is the petitioner in the case. The Resolution Professional claimed to have received costs only up to March 2025, with the CoC failing to make subsequent payments. The CoC, in its 4th meeting held on 06.02.2025, decided to take the Corporate Debtor for liquidation. Mr. M.V. Sudarshan was recommended by the CoC and appointed as the liquidator.
The CoC held its 4th…
CIRP costs up to June…
Sign in to view related legal provisions.