An application IA(I.B.C)/1110(KB)2025 has been preferred under Section 60(2) of the Insolvency and Bankruptcy Code, 2016 read with Regulation 31A of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Rule 11 of the National Company Law Tribunal Rules, 2016.
An application was filed under Section 60(2) of the Insolvency and Bankruptcy Code, 2016.
The application seeks reliefs under Regulation 31A of the Liquidation Process Regulations, 2016 and Rule 11 of the NCLT Rules, 2016.
The SCC proposed Mrs. Brinda Bidasaria as the Liquidator in place of Mr. Krishnaswami C.V.R.
Mr. Krishnaswami C.V.R., the previous liquidator, has passed away.
The members of the SCC, holding 93.86% of the voting rights, approved the appointment of Mrs. Brinda Bidasaria.
The tribunal allowed the application and appointed Mrs. Brinda Bidasaria as the Liquidator.
The legal dues of the previous liquidator are to be released to his legal heirs, if permissible.
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Order sheet of the hearing on 27th…
An application IA(I.B.C)/1110(KB)2025 has been preferred under Section 60(2) of the Insolvency and Bankruptcy Code, 2016 read with Regulation 31A of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Rule 11 of the National Company Law Tribunal Rules, 2016.
An application was filed under Section 60(2) of the Insolvency and Bankruptcy Code, 2016.
The application seeks reliefs under Regulation 31A of the Liquidation Process Regulations, 2016 and Rule 11 of the NCLT Rules, 2016.
The SCC proposed Mrs. Brinda Bidasaria as the Liquidator in place of Mr. Krishnaswami C.V.R.
Mr. Krishnaswami C.V.R., the previous liquidator, has passed away.
The members of the SCC, holding 93.86% of the voting rights, approved the appointment of Mrs. Brinda Bidasaria.
The tribunal allowed the application and appointed Mrs. Brinda Bidasaria as the Liquidator.
The legal dues of the previous liquidator are to be released to his legal heirs, if permissible.
Order sheet of the hearing on 27th…