The application was filed by Mr. Vikky Dang, the Resolution Professional of Simtel Trading Corporation Private Limited, for liquidation of the corporate debtor.
The CIRP against Simtel Trading Corporation Private Limited was admitted on 01.12.2022.
Mr. Vikky Dang was appointed as the Interim Resolution Professional and later as the liquidator.
The IRP made public announcements in 'Financial Express' and 'Chandrika' newspapers.
Two financial creditors, Tata Capital Financial Services Private Limited and Incred Financial Services Limited, submitted claims.
The suspended management did not furnish complete books of accounts and was uncooperative.
The CoC members informed that the suspended managers had alienated the properties of the corporate debtor.
The CoC decided to proceed with liquidation due to the lack of assets and the impossibility of revival.
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The Corporate Insolvency Resolution Process…
The IRP effected public…
The application was filed by Mr. Vikky Dang, the Resolution Professional of Simtel Trading Corporation Private Limited, for liquidation of the corporate debtor.
The CIRP against Simtel Trading Corporation Private Limited was admitted on 01.12.2022.
Mr. Vikky Dang was appointed as the Interim Resolution Professional and later as the liquidator.
The IRP made public announcements in 'Financial Express' and 'Chandrika' newspapers.
Two financial creditors, Tata Capital Financial Services Private Limited and Incred Financial Services Limited, submitted claims.
The suspended management did not furnish complete books of accounts and was uncooperative.
The CoC members informed that the suspended managers had alienated the properties of the corporate debtor.
The CoC decided to proceed with liquidation due to the lack of assets and the impossibility of revival.
…The Corporate Insolvency Resolution Process…
The IRP effected public…