Mr. Sundaresh Bhat, the Liquidator of EMCO Limited (Corporate Debtor), filed an application (IA 3486/2026) under Section 60(5) of the IBC and Regulation 8B of the Liquidation Regulations. He sought the appointment of Mr. Sutanu Sinha as the new Liquidator, as he intended to resign due to taking up professional employment.
IA 3486/2026 was filed by Mr. Sundaresh Bhat, the Liquidator of EMCO Limited ("Corporate Debtor").
The application seeks the appointment of Mr. Sutanu Sinha, an Insolvency Professional, as the incoming Liquidator in place of Mr. Sundaresh Bhat.
Mr. Sundaresh Bhat decided to take up professional employment, making him unable to continue as the Liquidator.
During the Stakeholders' Consultation Committee ("SCC") meeting held on 29 July 2026, the Applicant apprised the members of his decision.
The SCC approved Mr. Sundaresh Bhat's resignation and voted to replace him.
…Sign in to view the parties.
Stakeholders' Consultation Committee (SCC)…
NCLT Mumbai Bench Court II issued an order…
Mr. Sundaresh Bhat, the Liquidator of EMCO Limited (Corporate Debtor), filed an application (IA 3486/2026) under Section 60(5) of the IBC and Regulation 8B of the Liquidation Regulations. He sought the appointment of Mr. Sutanu Sinha as the new Liquidator, as he intended to resign due to taking up professional employment.
IA 3486/2026 was filed by Mr. Sundaresh Bhat, the Liquidator of EMCO Limited ("Corporate Debtor").
The application seeks the appointment of Mr. Sutanu Sinha, an Insolvency Professional, as the incoming Liquidator in place of Mr. Sundaresh Bhat.
Mr. Sundaresh Bhat decided to take up professional employment, making him unable to continue as the Liquidator.
During the Stakeholders' Consultation Committee ("SCC") meeting held on 29 July 2026, the Applicant apprised the members of his decision.
The SCC approved Mr. Sundaresh Bhat's resignation and voted to replace him.
…Stakeholders' Consultation Committee (SCC)…
NCLT Mumbai Bench Court II issued an order…