The case involves multiple I.A.s filed in relation to the Corporate Insolvency Resolution Process (CIRP) and subsequent liquidation of Visa Pharmaceuticals Private Limited. The CIRP was initiated based on an application by Syndicate Bank, and Mr. Kannan Tiruvengadam was appointed as the Interim Resolution Professional, later confirmed as the Resolution Professional. Due to the absence of a resolution plan, the Adjudicating Authority ordered the liquidation of the Corporate Debtor, and Mr. Chandra Kumar Jain was appointed as the liquidator.
Syndicate Bank initiated CIRP against Visa Pharmaceuticals Private Limited.
Kannan Tiruvengadam was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
No resolution plan was received during the CIRP.
The Adjudicating Authority ordered the liquidation of Visa Pharmaceuticals Private Limited on January 18, 2021.
Chandra Kumar Jain was appointed as the liquidator.
The liquidator filed applications seeking directions to the Registrar of Companies and for the provision of necessary documents.
A public announcement for the commencement of liquidation was made on January 28, 2021.
The last date for submission of claims was February 17, 2021.
The liquidator opened a new bank account for the Corporate Debtor in Liquidation.
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The Adjudicating Authority admitted Visa…
The Adjudicating…
The case involves multiple I.A.s filed in relation to the Corporate Insolvency Resolution Process (CIRP) and subsequent liquidation of Visa Pharmaceuticals Private Limited. The CIRP was initiated based on an application by Syndicate Bank, and Mr. Kannan Tiruvengadam was appointed as the Interim Resolution Professional, later confirmed as the Resolution Professional. Due to the absence of a resolution plan, the Adjudicating Authority ordered the liquidation of the Corporate Debtor, and Mr. Chandra Kumar Jain was appointed as the liquidator.
Syndicate Bank initiated CIRP against Visa Pharmaceuticals Private Limited.
Kannan Tiruvengadam was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional.
No resolution plan was received during the CIRP.
The Adjudicating Authority ordered the liquidation of Visa Pharmaceuticals Private Limited on January 18, 2021.
Chandra Kumar Jain was appointed as the liquidator.
The liquidator filed applications seeking directions to the Registrar of Companies and for the provision of necessary documents.
A public announcement for the commencement of liquidation was made on January 28, 2021.
The last date for submission of claims was February 17, 2021.
The liquidator opened a new bank account for the Corporate Debtor in Liquidation.
…The Adjudicating Authority admitted Visa…
The Adjudicating…