The application was filed seeking condonation of delay of 1178 days in filing the application for liquidation of the Corporate Debtor. CIRP was initiated against the Corporate Debtor Tradeline Enterprises Private Limited vide an order dated 18.09.2019. S. Vasudevan was appointed as the IRP and later continued as RP. The CoC resolved to liquidate the Corporate Debtor on 21.06.2022.
Fernwen Holidays Private Limited filed an application under Section 9 of IBC.
CIRP was initiated against Tradeline Enterprises Private Limited on 18.09.2019.
S. Vasudevan was appointed as the IRP and later continued as RP.
The Financial Creditor, Edelweiss Asset Reconstruction Limited, filed a claim for Rs. 1,04,76,24,882/-.
The CoC was constituted with only the Financial Creditor having 100% voting share.
The CoC resolved to liquidate the Corporate Debtor on 21.06.2022.
The Applicant/RP received a show cause notice from the IBBI.
The Applicant expressed his unavailability to act as Liquidator.
The CoC directed the RP to pursue the liquidation application.
The application for liquidation was filed with a delay of 1127 days.
Sudhir G S was appointed as the Liquidator.
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CIRP was initiated…
S. Vasudevan made a…
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The application was filed seeking condonation of delay of 1178 days in filing the application for liquidation of the Corporate Debtor. CIRP was initiated against the Corporate Debtor Tradeline Enterprises Private Limited vide an order dated 18.09.2019. S. Vasudevan was appointed as the IRP and later continued as RP. The CoC resolved to liquidate the Corporate Debtor on 21.06.2022.
Fernwen Holidays Private Limited filed an application under Section 9 of IBC.
CIRP was initiated against Tradeline Enterprises Private Limited on 18.09.2019.
S. Vasudevan was appointed as the IRP and later continued as RP.
The Financial Creditor, Edelweiss Asset Reconstruction Limited, filed a claim for Rs. 1,04,76,24,882/-.
The CoC was constituted with only the Financial Creditor having 100% voting share.
The CoC resolved to liquidate the Corporate Debtor on 21.06.2022.
The Applicant/RP received a show cause notice from the IBBI.
The Applicant expressed his unavailability to act as Liquidator.
The CoC directed the RP to pursue the liquidation application.
The application for liquidation was filed with a delay of 1127 days.
Sudhir G S was appointed as the Liquidator.
CIRP was initiated…
S. Vasudevan made a…
Sign in to view related legal provisions.