The application was filed by the Resolution Professional of the Corporate Debtor M/s EBC Bearings (India) Limited under Section 54(1) read with Regulation 45 of IBBI (Liquidation Process) Regulations, 2016 seeking dissolution of the Corporate Debtor.
The application was filed under Section 54(1) of the IBC, 2016, seeking dissolution of the Corporate Debtor.
The Tribunal admitted the Company Petition filed by M/s Bhagyanagar Investments & Trading Pvt Ltd under section 7 of the Insolvency and Bankruptcy Code, 2016 on 23.12.2022.
No resolution plan was received during the Corporate Insolvency Resolution Process period, and the CoC decided to liquidate the Corporate Debtor.
The Liquidator issued public notices in newspapers inviting claims from stakeholders.
The Liquidator convened 6 meetings of the Stakeholders Consultation Committee (SCC).
The assets of the Corporate Debtor were auctioned, and M/s Umang Enterprises was declared the highest bidder.
…Sign in to view the parties.
The Tribunal admitted the Company Petition…
Mrs.Mummaneni Vazra Laxmi was appointed as…
Sign in to view related legal provisions.
The application was filed by the Resolution Professional of the Corporate Debtor M/s EBC Bearings (India) Limited under Section 54(1) read with Regulation 45 of IBBI (Liquidation Process) Regulations, 2016 seeking dissolution of the Corporate Debtor.
The application was filed under Section 54(1) of the IBC, 2016, seeking dissolution of the Corporate Debtor.
The Tribunal admitted the Company Petition filed by M/s Bhagyanagar Investments & Trading Pvt Ltd under section 7 of the Insolvency and Bankruptcy Code, 2016 on 23.12.2022.
No resolution plan was received during the Corporate Insolvency Resolution Process period, and the CoC decided to liquidate the Corporate Debtor.
The Liquidator issued public notices in newspapers inviting claims from stakeholders.
The Liquidator convened 6 meetings of the Stakeholders Consultation Committee (SCC).
The assets of the Corporate Debtor were auctioned, and M/s Umang Enterprises was declared the highest bidder.
…The Tribunal admitted the Company Petition…
Mrs.Mummaneni Vazra Laxmi was appointed as…
Sign in to view related legal provisions.