The case pertains to an application (I.A. 3120/2022) filed by the Resolution Professional, Mr. Prakash Dattatraya Naringrekar, seeking liquidation of the Corporate Debtor, Tin Time Consultancy Private Limited, under Section 33 of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following the admission of a petition under Section 7 of the Code filed by Hubtown Limited, the Financial Creditor. The applicant was appointed as the Interim Resolution Professional and later as the Resolution Professional by the Committee of Creditors (CoC).
Hubtown Limited, the Financial Creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, which was admitted by the NCLT, initiating the Corporate Insolvency Resolution Process (CIRP) against Tin Time Consultancy Private Limited, the Corporate Debtor. Mr. Prakash Dattatraya Naringrekar was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). Public announcements were made to invite Expression of Interest (EoI) from prospective resolution applicants, but no EoI was received. The Committee of Creditors (CoC) met and, considering the lack of interest and the company's status as a non-going concern, decided to opt for liquidation under Section 33 of the IBC. The CoC approved the liquidation with
…Sign in to view the parties.
Tribunal admitted the petition under Section 7…
Public announcement in Form A was published…
The case pertains to an application (I.A. 3120/2022) filed by the Resolution Professional, Mr. Prakash Dattatraya Naringrekar, seeking liquidation of the Corporate Debtor, Tin Time Consultancy Private Limited, under Section 33 of the Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor following the admission of a petition under Section 7 of the Code filed by Hubtown Limited, the Financial Creditor. The applicant was appointed as the Interim Resolution Professional and later as the Resolution Professional by the Committee of Creditors (CoC).
Hubtown Limited, the Financial Creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, which was admitted by the NCLT, initiating the Corporate Insolvency Resolution Process (CIRP) against Tin Time Consultancy Private Limited, the Corporate Debtor. Mr. Prakash Dattatraya Naringrekar was appointed as the Interim Resolution Professional (IRP) and later as the Resolution Professional (RP). Public announcements were made to invite Expression of Interest (EoI) from prospective resolution applicants, but no EoI was received. The Committee of Creditors (CoC) met and, considering the lack of interest and the company's status as a non-going concern, decided to opt for liquidation under Section 33 of the IBC. The CoC approved the liquidation with
…Tribunal admitted the petition under Section 7…
Public announcement in Form A was published…