The case involves an application filed under section 54(1) of the Insolvency and Bankruptcy Code, 2016, read with regulation 45(3) of the Insolvency and Bankruptcy Board of India [Liquidation Process] Regulations, 2016, by the Liquidator of Royalpet Vanijya Private Limited, seeking the dissolution of the Corporate Debtor. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) on 01 December 2021, and Mr. Sudipta Ghosh was appointed as the Interim Resolution Professional, later confirmed as Resolution Professional. The CoC approved the initiation of liquidation on 05 May 2022, and the adjudicating authority passed the liquidation order on 27 June 2022. Public announcement of the liquidation commencement was made on 01 July 2022.
Oval Distributors Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against Royalpet Vanijya Private Limited. The Adjudicating Authority admitted Royalpet Vanijya Private Limited into CIRP on 01 December 2021, appointing Mr. Sudipta Ghosh as the Interim Resolution Professional. Subsequently, Mr. Ghosh's appointment was confirmed. The 5th Committee of Creditors (CoC) meeting held on 05 May 2022, resolved to initiate liquidation of the Corporate Debtor. The Adjudicating Authority passed the liquidation order on 27 June 2022, appointing Mr. Sudipta Ghosh as the Liquidator. Public announcement of the liquidation commencement was made on 01 July 2022. The liquidator conducted e-auctions and received Rs 7,13,600/- from Hytone Merchants Private Limited
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Royalpet Vanijya Private Limited was…
The Committee of Creditors (CoC) approved the…
The case involves an application filed under section 54(1) of the Insolvency and Bankruptcy Code, 2016, read with regulation 45(3) of the Insolvency and Bankruptcy Board of India [Liquidation Process] Regulations, 2016, by the Liquidator of Royalpet Vanijya Private Limited, seeking the dissolution of the Corporate Debtor. The Corporate Debtor was admitted into Corporate Insolvency Resolution Process (CIRP) on 01 December 2021, and Mr. Sudipta Ghosh was appointed as the Interim Resolution Professional, later confirmed as Resolution Professional. The CoC approved the initiation of liquidation on 05 May 2022, and the adjudicating authority passed the liquidation order on 27 June 2022. Public announcement of the liquidation commencement was made on 01 July 2022.
Oval Distributors Private Limited initiated Corporate Insolvency Resolution Process (CIRP) against Royalpet Vanijya Private Limited. The Adjudicating Authority admitted Royalpet Vanijya Private Limited into CIRP on 01 December 2021, appointing Mr. Sudipta Ghosh as the Interim Resolution Professional. Subsequently, Mr. Ghosh's appointment was confirmed. The 5th Committee of Creditors (CoC) meeting held on 05 May 2022, resolved to initiate liquidation of the Corporate Debtor. The Adjudicating Authority passed the liquidation order on 27 June 2022, appointing Mr. Sudipta Ghosh as the Liquidator. Public announcement of the liquidation commencement was made on 01 July 2022. The liquidator conducted e-auctions and received Rs 7,13,600/- from Hytone Merchants Private Limited
…Royalpet Vanijya Private Limited was…
The Committee of Creditors (CoC) approved the…