The application IA No. 54 of 2024 was filed by the Liquidator, Ajit Gyanchand Jain, for the dissolution of the Corporate Debtor, Panache Exports Pvt. Ltd., under Section 54 of the IBC, 2016.
CIRP was initiated against Panache Exports Private Ltd. on 25.11.2019.
Mayank Rameshchandra Jain was appointed as IRP and later confirmed as RP.
The CoC approved the initiation of liquidation under Section 33 of the IBC due to the non-receipt of a resolution plan.
Ajit Gyanchand Jain was appointed as the Liquidator of the Corporate Debtor.
The Liquidator made a public announcement on 13.10.2022, calling for stakeholders to submit claims.
The Liquidator received claims from Municipal Corporation of Greater Mumbai and Multistoried IT & Gems Commercial Premises Co-operative Society Limited.
The assets of the Corporate Debtor were sold off via e-auctions.
The Liquidator distributed the realized value to the stakeholders as per Section 53 of the Code.
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CIRP initiated…
Mayank Ramesh…
The application IA No. 54 of 2024 was filed by the Liquidator, Ajit Gyanchand Jain, for the dissolution of the Corporate Debtor, Panache Exports Pvt. Ltd., under Section 54 of the IBC, 2016.
CIRP was initiated against Panache Exports Private Ltd. on 25.11.2019.
Mayank Rameshchandra Jain was appointed as IRP and later confirmed as RP.
The CoC approved the initiation of liquidation under Section 33 of the IBC due to the non-receipt of a resolution plan.
Ajit Gyanchand Jain was appointed as the Liquidator of the Corporate Debtor.
The Liquidator made a public announcement on 13.10.2022, calling for stakeholders to submit claims.
The Liquidator received claims from Municipal Corporation of Greater Mumbai and Multistoried IT & Gems Commercial Premises Co-operative Society Limited.
The assets of the Corporate Debtor were sold off via e-auctions.
The Liquidator distributed the realized value to the stakeholders as per Section 53 of the Code.
…CIRP initiated…
Mayank Ramesh…