The case involves an application filed by the liquidator seeking an extension of the liquidation period for the Corporate Debtor by 12 months. Additionally, another application seeks the replacement of the current liquidator, Vikas Prakash Gupta, with Ms. Teena Saraswat Pandey.
The liquidator filed an application seeking a 12-month extension of the liquidation period for the Corporate Debtor.
The extension was sought due to various pending litigations.
The Committee of Creditors (CoC) in its 8th adjourned meeting on 23.07.2025 passed a resolution to appoint Ms. Teena Saraswat Pandey as the new liquidator.
Ms. Teena Saraswat Pandey provided written consent to act as liquidator in Form-AA dated 23.07.2025.
The current liquidator is Mr. Vikas Prakash Gupta.
The application for extension of the liquidation period is I.A (I.B.C)/3911 (MB)2025.
The application for replacement of liquidator is I.A. (I.B.C)/3913 (MB)/2025.
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The case involves an application filed by the liquidator seeking an extension of the liquidation period for the Corporate Debtor by 12 months. Additionally, another application seeks the replacement of the current liquidator, Vikas Prakash Gupta, with Ms. Teena Saraswat Pandey.
The liquidator filed an application seeking a 12-month extension of the liquidation period for the Corporate Debtor.
The extension was sought due to various pending litigations.
The Committee of Creditors (CoC) in its 8th adjourned meeting on 23.07.2025 passed a resolution to appoint Ms. Teena Saraswat Pandey as the new liquidator.
Ms. Teena Saraswat Pandey provided written consent to act as liquidator in Form-AA dated 23.07.2025.
The current liquidator is Mr. Vikas Prakash Gupta.
The application for extension of the liquidation period is I.A (I.B.C)/3911 (MB)2025.
The application for replacement of liquidator is I.A. (I.B.C)/3913 (MB)/2025.
Order sheet…
Start date…