The Government of Tamil Nadu, represented by Tmt. G. Bharathy, Assistant Commissioner (ST), filed IA(IBC)/969(CHE)2021 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking to set aside an order dated 26.04.2021 passed by the Respondent/Liquidator. This order partially admitted the Applicant's claim as an Operational Creditor. Concurrently, IA(IBC)/1066(CHE)2021 was filed seeking condonation of an 84-day delay in filing the Interlocutory Application challenging the partial rejection of the claim by the Liquidator. The Corporate Debtor, M/s. Thiru Arooran Sugars Limited, was assessed for the years 2011-12 to 2017-18 under the Tamil Nadu Value Added Tax Act, 2006, and the Central Sales Tax Act, 1956, and was found liable for Rs.1,53,57,958/-. The
…The Government of Tamil Nadu, represented by Tmt. G. Bharathy, Assistant Commissioner (ST), filed applications IA(IBC)/969(CHE)2021 and IA(IBC)/1066(CHE)2021 in relation to the liquidation of M/s. Thiru Arooran Sugars Limited. The applications contested the liquidator's decision to partially reject the claim for CST dues amounting to Rs.35,55,969/- for the assessment year 2017-18. The applicant sought condonation of an 84-day delay in filing the application to challenge the liquidator's decision. The Corporate Debtor was assessed for the years 2011-12 to 2017-18 under the Tamil Nadu Value Added Tax Act, 2006, and the Central Sales Tax Act, 1956, and was found liable for a sum of Rs.1,53,57,958/-. The liquidation process commenced on 08.04.2021. The applicant had filed
…Sign in to view the parties.
Corporate Insolvency Resolution Process (CIRP)…
Moratorium ca…
The Government of Tamil Nadu, represented by Tmt. G. Bharathy, Assistant Commissioner (ST), filed IA(IBC)/969(CHE)2021 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking to set aside an order dated 26.04.2021 passed by the Respondent/Liquidator. This order partially admitted the Applicant's claim as an Operational Creditor. Concurrently, IA(IBC)/1066(CHE)2021 was filed seeking condonation of an 84-day delay in filing the Interlocutory Application challenging the partial rejection of the claim by the Liquidator. The Corporate Debtor, M/s. Thiru Arooran Sugars Limited, was assessed for the years 2011-12 to 2017-18 under the Tamil Nadu Value Added Tax Act, 2006, and the Central Sales Tax Act, 1956, and was found liable for Rs.1,53,57,958/-. The
…The Government of Tamil Nadu, represented by Tmt. G. Bharathy, Assistant Commissioner (ST), filed applications IA(IBC)/969(CHE)2021 and IA(IBC)/1066(CHE)2021 in relation to the liquidation of M/s. Thiru Arooran Sugars Limited. The applications contested the liquidator's decision to partially reject the claim for CST dues amounting to Rs.35,55,969/- for the assessment year 2017-18. The applicant sought condonation of an 84-day delay in filing the application to challenge the liquidator's decision. The Corporate Debtor was assessed for the years 2011-12 to 2017-18 under the Tamil Nadu Value Added Tax Act, 2006, and the Central Sales Tax Act, 1956, and was found liable for a sum of Rs.1,53,57,958/-. The liquidation process commenced on 08.04.2021. The applicant had filed
…Corporate Insolvency Resolution Process (CIRP)…
Moratorium ca…