IA(I.B.C)/1290( MB)2025 is an application filed by one of the COC members alleging another COC member to be a related partner of the Corporate Debtor and seek exclusion of such person from the COC.
CIRP commenced on 08.05.2019.
Resolution Plan approved on 11.02.2022 was not implemented.
Extended CIRP period of 330 days expired with no new resolution plan.
Tribunal allowed re-initiation of CIRP on 24.06.2024 and appointed Mr. Gaurav Adukia.
Resolution Professional did not seek extension after Form G publication.
Tribunal ordered liquidation under Section 33(1)(a) of the Code, 2016.
Mr. Gaurav Adukia appointed as Liquidator.
Moratorium under Section 14 of IBC 2016 ceases.
Liquidator to issue public announcement of liquidation.
IA 563/2025 filed by Prithvi Sthapti LLP seeking admission of claim was disposed of as infructuous.
…Sign in to view the parties.
Corporate Ins…
Resolution Pl…
IA(I.B.C)/1290( MB)2025 is an application filed by one of the COC members alleging another COC member to be a related partner of the Corporate Debtor and seek exclusion of such person from the COC.
CIRP commenced on 08.05.2019.
Resolution Plan approved on 11.02.2022 was not implemented.
Extended CIRP period of 330 days expired with no new resolution plan.
Tribunal allowed re-initiation of CIRP on 24.06.2024 and appointed Mr. Gaurav Adukia.
Resolution Professional did not seek extension after Form G publication.
Tribunal ordered liquidation under Section 33(1)(a) of the Code, 2016.
Mr. Gaurav Adukia appointed as Liquidator.
Moratorium under Section 14 of IBC 2016 ceases.
Liquidator to issue public announcement of liquidation.
IA 563/2025 filed by Prithvi Sthapti LLP seeking admission of claim was disposed of as infructuous.
…Corporate Ins…
Resolution Pl…