Mr. Mukesh Kumar Jain, appointed as Liquidator, filed an application under Section 54 of the IBC seeking dissolution of Perfect Mobile and Communications Private Limited.

The CIRP was initiated by Bathla Teletech Private Limited, an Operational Creditor, under Section 9 of the IBC.

No resolution plan was received during the CIRP period, leading to a decision by the CoC to liquidate the company.

The Adjudicating Authority approved the liquidation and appointed Mr. Mukesh Kumar Jain as the Liquidator.

Public announcements were made, and a Stakeholders Consultative Committee (SCC) was constituted.

The Liquidator realized a bank balance that was frozen by the VAT department.

The realized funds were utilized for unpaid CIRP expenses and liquidation costs.

Mr. Mukesh Kumar Jain, appointed as Liquidator, filed an application under Section 54 of the IBC seeking dissolution of Perfect Mobile and Communications Private Limited.

The CIRP was initiated by Bathla Teletech Private Limited, an Operational Creditor, under Section 9 of the IBC.

No resolution plan was received during the CIRP period, leading to a decision by the CoC to liquidate the company.

The Adjudicating Authority approved the liquidation and appointed Mr. Mukesh Kumar Jain as the Liquidator.

Public announcements were made, and a Stakeholders Consultative Committee (SCC) was constituted.

The Liquidator realized a bank balance that was frozen by the VAT department.

The realized funds were utilized for unpaid CIRP expenses and liquidation costs.