The case involves an application under Section 33 of the Insolvency and Bankruptcy Code (IBC) read with IBBI Regulations and Rule 11 of NCLT Rules, 2016. The Applicant/Resolution Professional sought directions to initiate liquidation proceedings for the Corporate Debtor and to appoint Mr. Arunesh Kumar Dubey as a Liquidator. The Committee of Creditors (CoC) had approved the proposal for liquidation as per CIRP Regulation 22 (2) and (3).
Profisor Services Pvt. Ltd. is the Corporate Debtor in this case. The Resolution Professional filed an application under Section 33 of the IBC seeking directions to initiate liquidation proceedings. The Committee of Creditors approved the proposal for liquidation. The Resolution Professional complied with previous orders and explained the resolution and liquidation process to the CoC, filing a compliance affidavit. The application was filed in accordance with IBBI Regulations and NCLT Rules. The order was delivered on 19.10.2022.
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The case involves an application under Section 33 of the Insolvency and Bankruptcy Code (IBC) read with IBBI Regulations and Rule 11 of NCLT Rules, 2016. The Applicant/Resolution Professional sought directions to initiate liquidation proceedings for the Corporate Debtor and to appoint Mr. Arunesh Kumar Dubey as a Liquidator. The Committee of Creditors (CoC) had approved the proposal for liquidation as per CIRP Regulation 22 (2) and (3).
Profisor Services Pvt. Ltd. is the Corporate Debtor in this case. The Resolution Professional filed an application under Section 33 of the IBC seeking directions to initiate liquidation proceedings. The Committee of Creditors approved the proposal for liquidation. The Resolution Professional complied with previous orders and explained the resolution and liquidation process to the CoC, filing a compliance affidavit. The application was filed in accordance with IBBI Regulations and NCLT Rules. The order was delivered on 19.10.2022.
Compliance of…
Order delivered on…
Sign in to view related legal provisions.