An application was filed by the Stakeholder Committee of Phalcomm Infra Solutions Private Limited through Kuber Financial Services, the sole Financial Creditor, under Section 60(5) of The Insolvency and Bankruptcy Code, 2016, seeking the replacement of the existing Liquidator.
The application was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016.
The Stakeholder Committee of Phalcomm Infra Solutions Private Limited filed the application through Kuber Financial Services.
Uday Shreeram Sakrikar was the existing Liquidator.
Manish Dawda is the proposed Liquidator.
The Stakeholders Consultation Committee voted with a 100% majority to replace the existing Liquidator with Manish Dawda.
The NCLT, Mumbai passed an order admitting the Corporate Debtor into liquidation on 30th June, 2025.
The Stakeholders Consultation Committee held its first meeting on 14th July 2025.
The applicant procured the written consent of the proposed Liquidator on 14th July, 2025.
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NCLT, Mumbai passed an order admitting the…
Stakeholders Consultation Committee in its First…
An application was filed by the Stakeholder Committee of Phalcomm Infra Solutions Private Limited through Kuber Financial Services, the sole Financial Creditor, under Section 60(5) of The Insolvency and Bankruptcy Code, 2016, seeking the replacement of the existing Liquidator.
The application was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016.
The Stakeholder Committee of Phalcomm Infra Solutions Private Limited filed the application through Kuber Financial Services.
Uday Shreeram Sakrikar was the existing Liquidator.
Manish Dawda is the proposed Liquidator.
The Stakeholders Consultation Committee voted with a 100% majority to replace the existing Liquidator with Manish Dawda.
The NCLT, Mumbai passed an order admitting the Corporate Debtor into liquidation on 30th June, 2025.
The Stakeholders Consultation Committee held its first meeting on 14th July 2025.
The applicant procured the written consent of the proposed Liquidator on 14th July, 2025.
NCLT, Mumbai passed an order admitting the…
Stakeholders Consultation Committee in its First…