This is an Interlocutory Application (IA-1072/2023) filed by the Resolution Professional, Bhrugesh Amin, of Radius Infra Holdings Limited (Corporate Debtor) seeking directions against Mr. Sanjay Rajkumar Chhabriaa and Mr. Anil Nandlal Chhabriyaa (both Suspended Directors of the Corporate Debtor) for contribution of Rs. 1,17,93,242/- under Section 67 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) and imposition of fine under Sections 71, 72, and 73 of the Code. The Corporate Insolvency Resolution Process (CIRP) commenced for Radius Infra Holdings Private Limited on May 9, 2022, under Section 7 of the IBC. During CIRP, M/s Pipara & Co LLP was appointed to conduct a transaction audit of the Corporate Debtor's books.
The Resolution Professional, Bhrugesh Amin, filed an application (IA-1072/2023) seeking directions against Sanjay Rajkumar Chhabriaa and Anil Nandlal Chhabriaa, both suspended directors of Radius Infra Holdings Limited (the Corporate Debtor), for contribution of Rs. 1,17,93,242/- under Section 67 of the I&B Code and imposition of fine under Sections 71, 72, and 73 of the Code. CIRP commenced on May 9, 2022. M/s Pipara & Co LLP conducted a transaction audit and filed a Forensic Audit Report on March 10, 2023, indicating preferential transactions to defraud creditors under Section 66 of the Code. The Corporate Debtor purchased a MERCEDES AMG G 63 for Rs. 2.45 crore in September 2021. The car's ownership changed to Mr. Juris Consillis. The car was removed from the
…Sign in to view the parties.
Corporate Insolvency Resolution Process…
Transaction auditors filed their Forensic…
This is an Interlocutory Application (IA-1072/2023) filed by the Resolution Professional, Bhrugesh Amin, of Radius Infra Holdings Limited (Corporate Debtor) seeking directions against Mr. Sanjay Rajkumar Chhabriaa and Mr. Anil Nandlal Chhabriyaa (both Suspended Directors of the Corporate Debtor) for contribution of Rs. 1,17,93,242/- under Section 67 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) and imposition of fine under Sections 71, 72, and 73 of the Code. The Corporate Insolvency Resolution Process (CIRP) commenced for Radius Infra Holdings Private Limited on May 9, 2022, under Section 7 of the IBC. During CIRP, M/s Pipara & Co LLP was appointed to conduct a transaction audit of the Corporate Debtor's books.
The Resolution Professional, Bhrugesh Amin, filed an application (IA-1072/2023) seeking directions against Sanjay Rajkumar Chhabriaa and Anil Nandlal Chhabriaa, both suspended directors of Radius Infra Holdings Limited (the Corporate Debtor), for contribution of Rs. 1,17,93,242/- under Section 67 of the I&B Code and imposition of fine under Sections 71, 72, and 73 of the Code. CIRP commenced on May 9, 2022. M/s Pipara & Co LLP conducted a transaction audit and filed a Forensic Audit Report on March 10, 2023, indicating preferential transactions to defraud creditors under Section 66 of the Code. The Corporate Debtor purchased a MERCEDES AMG G 63 for Rs. 2.45 crore in September 2021. The car's ownership changed to Mr. Juris Consillis. The car was removed from the
…Corporate Insolvency Resolution Process…
Transaction auditors filed their Forensic…