The case pertains to an application filed by the Resolution Professional, Nitin Om Kothari, seeking liquidation of Lalit Polyester Private Limited under Section 33(1) of the Insolvency and Bankruptcy Code, 2016.
An application was filed by Nitin Om Kothari, Resolution Professional, seeking liquidation of Lalit Polyester Private Limited.
The Tribunal admitted a petition filed by Punjab National Bank under Section 7 of the Code, initiating CIRP against Lalit Polyester Private Limited on 05.01.2023.
Nitin Om Kothari was appointed as Interim Resolution Professional and later as Resolution Professional.
Form G was issued inviting Expression of Interest, with a submission deadline of 30.03.2023.
The fourth CoC meeting held on 12.05.2023 revealed one Expression of Interest from Nakshatra Corporate Advisors Limited.
The seventh CoC meeting held on 05.07.2023 recommended liquidation.
The CoC voted with 100% to proceed with the liquidation.
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Tribunal admitted petition filed by Punjab…
Form G inviting…
The case pertains to an application filed by the Resolution Professional, Nitin Om Kothari, seeking liquidation of Lalit Polyester Private Limited under Section 33(1) of the Insolvency and Bankruptcy Code, 2016.
An application was filed by Nitin Om Kothari, Resolution Professional, seeking liquidation of Lalit Polyester Private Limited.
The Tribunal admitted a petition filed by Punjab National Bank under Section 7 of the Code, initiating CIRP against Lalit Polyester Private Limited on 05.01.2023.
Nitin Om Kothari was appointed as Interim Resolution Professional and later as Resolution Professional.
Form G was issued inviting Expression of Interest, with a submission deadline of 30.03.2023.
The fourth CoC meeting held on 12.05.2023 revealed one Expression of Interest from Nakshatra Corporate Advisors Limited.
The seventh CoC meeting held on 05.07.2023 recommended liquidation.
The CoC voted with 100% to proceed with the liquidation.
…Tribunal admitted petition filed by Punjab…
Form G inviting…