The application IA-2654/2023 was filed after the rejection of a previous application, IA-5874/2021, due to a lack of service of notice to the Suspended Board of Directors. The applicant then submitted the current application, including proof of service of notice to the Suspended Board of Directors. The CoC had previously passed a resolution on 2021-12-01 to liquidate the Corporate Debtor with 100% voting share.
M/s. Guadian Finance Pvt. Ltd. filed an application (IA-2654/2023) seeking liquidation of M/s. Temple Leasing & Finance Ltd. The previous application (IA-5874/2021) was rejected due to lack of service of notice to the Suspended Board of Directors. The applicant then submitted the current application, including proof of service of notice to the Suspended Board of Directors. The Committee of Creditors (CoC) of Temple Leasing and Finance Limited had unanimously resolved on 2021-12-01 to liquidate the Corporate Debtor with 100% voting share, as no resolution plan was approved. The CoC's decision was based on the rejection of a previous resolution plan submitted by Mekaster Finlease Limited. The resolution professional is authorized to file an application under Section
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The Committee of Creditors (CoC) of Temple…
The previous application IA-5874/2021 was…
The application IA-2654/2023 was filed after the rejection of a previous application, IA-5874/2021, due to a lack of service of notice to the Suspended Board of Directors. The applicant then submitted the current application, including proof of service of notice to the Suspended Board of Directors. The CoC had previously passed a resolution on 2021-12-01 to liquidate the Corporate Debtor with 100% voting share.
M/s. Guadian Finance Pvt. Ltd. filed an application (IA-2654/2023) seeking liquidation of M/s. Temple Leasing & Finance Ltd. The previous application (IA-5874/2021) was rejected due to lack of service of notice to the Suspended Board of Directors. The applicant then submitted the current application, including proof of service of notice to the Suspended Board of Directors. The Committee of Creditors (CoC) of Temple Leasing and Finance Limited had unanimously resolved on 2021-12-01 to liquidate the Corporate Debtor with 100% voting share, as no resolution plan was approved. The CoC's decision was based on the rejection of a previous resolution plan submitted by Mekaster Finlease Limited. The resolution professional is authorized to file an application under Section
…The Committee of Creditors (CoC) of Temple…
The previous application IA-5874/2021 was…