The application IA(IB) No. 465/KB/2023 was preferred by Mr. Animesh Mukhopadhyay, the Liquidator of Tavrida Electric India Private Limited, seeking dissolution of the Corporate Debtor, Tavrida Electric India Private Limited. The corporate debtor was put into Corporate Insolvency Resolution Process (CIRP) on 02.08.2018, but no resolution plan was received, leading the CoC to direct the resolution professional to apply for liquidation on 19.12.2018. Liquidation was ordered on 04.02.2019, and the applicant was appointed as liquidator. A public announcement was made on 08.02.2019, inviting claims from stakeholders. The liquidator verified and admitted claims aggregating to Rs. 10,10,75,664.27 by 06.03.2019.
Tavrida Electric India Private Limited underwent Corporate Insolvency Resolution Process (CIRP) initiated on 02.08.2018, but failed to produce a resolution plan. Consequently, the Committee of Creditors (CoC) directed the resolution professional to initiate liquidation proceedings on 19.12.2018. Liquidation was ordered on 04.02.2019, and Mr. Animesh Mukhopadhyay was appointed as the liquidator. A public announcement was made on 08.02.2019, inviting stakeholder claims, which amounted to Rs. 10,10,75,664.27 by 06.03.2019. Given the low liquidation value and asset nature, the liquidator sought and obtained permission for a private sale of assets instead of e-auction on 27.06.2019. The liquidation account with HDFC Bank was closed on 12.08.2022. The liquidator filed a
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Corporate Insolvency Resolution Process…
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The application IA(IB) No. 465/KB/2023 was preferred by Mr. Animesh Mukhopadhyay, the Liquidator of Tavrida Electric India Private Limited, seeking dissolution of the Corporate Debtor, Tavrida Electric India Private Limited. The corporate debtor was put into Corporate Insolvency Resolution Process (CIRP) on 02.08.2018, but no resolution plan was received, leading the CoC to direct the resolution professional to apply for liquidation on 19.12.2018. Liquidation was ordered on 04.02.2019, and the applicant was appointed as liquidator. A public announcement was made on 08.02.2019, inviting claims from stakeholders. The liquidator verified and admitted claims aggregating to Rs. 10,10,75,664.27 by 06.03.2019.
Tavrida Electric India Private Limited underwent Corporate Insolvency Resolution Process (CIRP) initiated on 02.08.2018, but failed to produce a resolution plan. Consequently, the Committee of Creditors (CoC) directed the resolution professional to initiate liquidation proceedings on 19.12.2018. Liquidation was ordered on 04.02.2019, and Mr. Animesh Mukhopadhyay was appointed as the liquidator. A public announcement was made on 08.02.2019, inviting stakeholder claims, which amounted to Rs. 10,10,75,664.27 by 06.03.2019. Given the low liquidation value and asset nature, the liquidator sought and obtained permission for a private sale of assets instead of e-auction on 27.06.2019. The liquidation account with HDFC Bank was closed on 12.08.2022. The liquidator filed a
…Corporate Insolvency Resolution Process…
Committee of Creditors…