The Liquidator of Goodwin Packpet Private Limited filed an application under Sections 19(2) and 34(3) of the Insolvency and Bankruptcy Code, 2016, seeking directions against the suspended Directors (Respondents 1-6) to deposit a cash balance of Rs. 2,07,826/- into the liquidation account and to hand over complete details of debtors and company records. The application also sought a direction for Respondent No. 1 to deposit Rs. 12,61,608/- owed by Goodwin Traders. The application was initially dismissed on the grounds of res judicata but was subsequently remitted by the NCLAT for fresh consideration.
An Interlocutory Application (IA(IBC)/117/KOB/2022) was filed by the Liquidator of Goodwin Packpet Private Limited under Sections 19(2) and 34(3) of the IBC, 2016.
The Applicant, Mr. Balakrishnan Baburajan, was appointed Liquidator of Goodwin Packpet Private Limited (the Corporate Debtor) on 11.01.2021.
The application sought directions against Respondents 1 to 6, identified as suspended Directors of Goodwin Packpet Private Limited (in Liquidation).
The reliefs sought included directing Respondents 1-6 to deposit a cash balance of Rs. 2,07,826/- into the liquidation account and to hand over complete details of debtors and company records.
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The Interlocutory…
Mr. Balakrishnan Baburajan was appointed as…
The Liquidator of Goodwin Packpet Private Limited filed an application under Sections 19(2) and 34(3) of the Insolvency and Bankruptcy Code, 2016, seeking directions against the suspended Directors (Respondents 1-6) to deposit a cash balance of Rs. 2,07,826/- into the liquidation account and to hand over complete details of debtors and company records. The application also sought a direction for Respondent No. 1 to deposit Rs. 12,61,608/- owed by Goodwin Traders. The application was initially dismissed on the grounds of res judicata but was subsequently remitted by the NCLAT for fresh consideration.
An Interlocutory Application (IA(IBC)/117/KOB/2022) was filed by the Liquidator of Goodwin Packpet Private Limited under Sections 19(2) and 34(3) of the IBC, 2016.
The Applicant, Mr. Balakrishnan Baburajan, was appointed Liquidator of Goodwin Packpet Private Limited (the Corporate Debtor) on 11.01.2021.
The application sought directions against Respondents 1 to 6, identified as suspended Directors of Goodwin Packpet Private Limited (in Liquidation).
The reliefs sought included directing Respondents 1-6 to deposit a cash balance of Rs. 2,07,826/- into the liquidation account and to hand over complete details of debtors and company records.
…The Interlocutory…
Mr. Balakrishnan Baburajan was appointed as…