The case involves an application (IA/4305/2025) filed by Mr. Prashant Jain, the current Liquidator of Loyal Auto Globe Private Limited, seeking replacement of himself as the Liquidator.
Mr. Prashant Jain, the current Liquidator of Loyal Auto Globe Private Limited, filed an application (IA/4305/2025) seeking his replacement.
The reason for seeking replacement is Mr. Prashant Jain's inability to continue as Liquidator.
SSARVI Resolution Services LLP (through its Authorized Representative) is proposed as the new Liquidator.
The stakeholders committee and the AFA were considered.
The ninth SCC meeting held on 21.08.2025 voted in favor of the replacement by 100 percent.
The Adjudicating Authority allowed the replacement.
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Order delivered on the…
The ninth SCC meeting was held, and the…
The case involves an application (IA/4305/2025) filed by Mr. Prashant Jain, the current Liquidator of Loyal Auto Globe Private Limited, seeking replacement of himself as the Liquidator.
Mr. Prashant Jain, the current Liquidator of Loyal Auto Globe Private Limited, filed an application (IA/4305/2025) seeking his replacement.
The reason for seeking replacement is Mr. Prashant Jain's inability to continue as Liquidator.
SSARVI Resolution Services LLP (through its Authorized Representative) is proposed as the new Liquidator.
The stakeholders committee and the AFA were considered.
The ninth SCC meeting held on 21.08.2025 voted in favor of the replacement by 100 percent.
The Adjudicating Authority allowed the replacement.
Order delivered on the…
The ninth SCC meeting was held, and the…