An Interlocutory Application was filed by the Applicant, Bharati Daga, under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, for initiating the Liquidation Process against Pioneer Channel Factory Private Limited (Corporate Debtor).
Bharati Daga filed an application to initiate liquidation process against Pioneer Channel Factory Private Limited.
CIRP was initiated on March 10, 2025, by the National Company Law Tribunal, Mumbai Bench.
The Applicant was appointed as Interim Resolution Professional and later confirmed as Resolution Professional.
The Committee of Creditors (CoC) had 100% voting share.
Despite efforts and extension of the CIRP period, no resolution plan was received.
The CoC resolved to liquidate the Corporate Debtor under Section 33 of the Code.
Hetal Gaurang Kothari is appointed as the Liquidator.
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Corporate Insolvency Resolution Process (“CIRP”)…
Applicant issued a…
An Interlocutory Application was filed by the Applicant, Bharati Daga, under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, for initiating the Liquidation Process against Pioneer Channel Factory Private Limited (Corporate Debtor).
Bharati Daga filed an application to initiate liquidation process against Pioneer Channel Factory Private Limited.
CIRP was initiated on March 10, 2025, by the National Company Law Tribunal, Mumbai Bench.
The Applicant was appointed as Interim Resolution Professional and later confirmed as Resolution Professional.
The Committee of Creditors (CoC) had 100% voting share.
Despite efforts and extension of the CIRP period, no resolution plan was received.
The CoC resolved to liquidate the Corporate Debtor under Section 33 of the Code.
Hetal Gaurang Kothari is appointed as the Liquidator.
Corporate Insolvency Resolution Process (“CIRP”)…
Applicant issued a…