The case involves an application (IA(IBC)/9(KB)2023) filed by the Liquidator of Sensetive Infra Private Limited, the Corporate Debtor, seeking dissolution under section 54 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor was initially admitted into CIRP on 18/02/2020 based on a petition by Kamar Infrastructure Private, an Operational Creditor. Nitesh Kumar More was appointed as the Interim Resolution Professional (IRP) and later as the Liquidator. Subsequently, the applicant, Abhit Kumar Singh, replaced Nitesh Kumar More as the Liquidator on 21/06/2022.
Kamar Infrastructure Private Limited, an Operational Creditor, initiated CIRP against Sensetive Infra Private Limited. The CIRP was initiated on 18/02/2020. Nitesh Kumar More was appointed as IRP and later as Liquidator. Abhit Kumar Singh replaced him as Liquidator on 21/06/2022. A public announcement was made on 01/07/2022, but only one claim was received from the Employees Provident Fund Organisation for Rs.2,713/-. No Stakeholders' Consultation Committee (SCC) could be formed due to the absence of claims. The petitioning Operational Creditor also did not file a claim. The Corporate Debtor has no fixed or realizable assets. The total CIRP cost was Rs.6,12,730/-, and the liquidation cost was Rs.1,48,342/-. The Liquidator submitted reports and intimated relevant
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CIRP initiated against Sensetive Infra…
Liquidation order…
The case involves an application (IA(IBC)/9(KB)2023) filed by the Liquidator of Sensetive Infra Private Limited, the Corporate Debtor, seeking dissolution under section 54 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor was initially admitted into CIRP on 18/02/2020 based on a petition by Kamar Infrastructure Private, an Operational Creditor. Nitesh Kumar More was appointed as the Interim Resolution Professional (IRP) and later as the Liquidator. Subsequently, the applicant, Abhit Kumar Singh, replaced Nitesh Kumar More as the Liquidator on 21/06/2022.
Kamar Infrastructure Private Limited, an Operational Creditor, initiated CIRP against Sensetive Infra Private Limited. The CIRP was initiated on 18/02/2020. Nitesh Kumar More was appointed as IRP and later as Liquidator. Abhit Kumar Singh replaced him as Liquidator on 21/06/2022. A public announcement was made on 01/07/2022, but only one claim was received from the Employees Provident Fund Organisation for Rs.2,713/-. No Stakeholders' Consultation Committee (SCC) could be formed due to the absence of claims. The petitioning Operational Creditor also did not file a claim. The Corporate Debtor has no fixed or realizable assets. The total CIRP cost was Rs.6,12,730/-, and the liquidation cost was Rs.1,48,342/-. The Liquidator submitted reports and intimated relevant
…CIRP initiated against Sensetive Infra…
Liquidation order…