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 seeks the initiation of liquidation proceedings for the Corporate Debtor.
M/s. Olympic Sportsware & Equipments Pvt. Ltd. filed a petition under Section 10 of the IBC, 2016. The Resolution Professional claimed unpaid costs by the CoC after March 2025. The CoC decided to disburse CIRP costs up to June 2025. The CoC, in its 4th meeting held on 06.02.2025, decided to liquidate the Corporate Debtor. Mr. M.V. Sudarshan was recommended by the CoC and appointed as the Liquidator.
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The CoC held its 4th…
CIRP costs up to June…
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 seeks the initiation of liquidation proceedings for the Corporate Debtor.
M/s. Olympic Sportsware & Equipments Pvt. Ltd. filed a petition under Section 10 of the IBC, 2016. The Resolution Professional claimed unpaid costs by the CoC after March 2025. The CoC decided to disburse CIRP costs up to June 2025. The CoC, in its 4th meeting held on 06.02.2025, decided to liquidate the Corporate Debtor. Mr. M.V. Sudarshan was recommended by the CoC and appointed as the Liquidator.
The CoC held its 4th…
CIRP costs up to June…