The case pertains to an Interlocutory Application filed by the Resolution Professional for initiating Liquidation Process of Intercon Container Survey & Commodities PVT. LTD. The Corporate Insolvency Resolution Process (CIRP) was initiated on 15.09.2022.
CIRP was initiated against Intercon Container Survey & Commodities PVT. LTD. on 15.09.2022.
The Corporate Debtor had no business operations since 2016.
The Corporate Debtor failed to maintain statutory financial records post FY 2014-15.
The Corporate Debtor had no employees, physical assets, or active bank balances.
The Corporate Debtor did not maintain a functional registered office.
The Committee of Creditors (CoC) comprised only one financial creditor, Bell Finvest India Limited.
The CoC resolved to initiate liquidation of the Corporate Debtor.
Mr. Debi Prasanna Sarangi was appointed as the Liquidator.
An application under Section 19(2) of the Code was earlier filed by the erstwhile IRP for non-cooperation.
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Corporate Insolvency…
An application was…
The case pertains to an Interlocutory Application filed by the Resolution Professional for initiating Liquidation Process of Intercon Container Survey & Commodities PVT. LTD. The Corporate Insolvency Resolution Process (CIRP) was initiated on 15.09.2022.
CIRP was initiated against Intercon Container Survey & Commodities PVT. LTD. on 15.09.2022.
The Corporate Debtor had no business operations since 2016.
The Corporate Debtor failed to maintain statutory financial records post FY 2014-15.
The Corporate Debtor had no employees, physical assets, or active bank balances.
The Corporate Debtor did not maintain a functional registered office.
The Committee of Creditors (CoC) comprised only one financial creditor, Bell Finvest India Limited.
The CoC resolved to initiate liquidation of the Corporate Debtor.
Mr. Debi Prasanna Sarangi was appointed as the Liquidator.
An application under Section 19(2) of the Code was earlier filed by the erstwhile IRP for non-cooperation.
…Corporate Insolvency…
An application was…